Marsha and Antonio Make a Contract in Which Marsha Agrees

question 20

Multiple Choice

Marsha and Antonio make a contract in which Marsha agrees to sell Antonio an expensive and rare piece of art.In the contract,Marsha states that she has the authority to enter into an agreement with Antonio,that she owns the piece of art,and that the art is authentic and not a forgery.These statements are examples of

• A)covenants.
• B)representations and warranties.
• C)choice of law provisions.
• D)riders.

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Definitions:

Regression Coefficient

A value that represents the degree of change in the dependent variable for a one-unit change in an independent variable within a regression model.

Dependent Variable

In statistical modeling and experimental design, the variable being tested and measured, which is expected to change in response to changes in independent variables.

R Square

A statistical measure that represents the proportion of the variance for a dependent variable that's explained by one or more independent variables in a regression model.

Independent Variables

Variables in an experiment that are manipulated or changed to observe their effect on dependent variables.