Which of the Following Statements Is Correct with Respect to the Legality

question 139

Multiple Choice

Which of the following statements is correct with respect to the legality of contracts?

• A) A judge can refuse to enforce a contract that involves conduct that is not prohibited by law but which the court considers morally unacceptable.
• B) When two merchants agree not to sell a certain product below an agreed price and the product is not readily available from others sources, this is legally permissible as long as they intend their promises to be legally binding.
• C) Insurance taken out on property you don't own is valid as long as the insurance company has been informed that you have no interest in the property.
• D) An agreement that one merchant won't open up a business in competition with another is enforceable as long as there is consideration on both sides.
• E) An agreement where one party agrees to pay another to sue a third for tort is legally enforceable.

Understand the definition and elements of various intentional torts.

Recognize the legal protections against defamation and the criteria that constitute defamation.

Distinguish between the different types of damages available in tort law.

Identify what constitutes an assault in the context of tort law.

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Definitions:

Selective Attention

The process of focusing on a specific aspect of information while disregarding other perceivable information.

Short-term Memory

The component of the memory system that is responsible for holding small amounts of information in an active, readily available state for a short period.

Thorndike

An American psychologist known for his work in comparative psychology and the law of effect, related to learning.

Chunking

A method of breaking down large pieces of information into smaller, more manageable units to aid in memory retention.