If a Participant Is Required to Give Up Something of Value

question 91

Multiple Choice

If a participant is required to give up something of value in order to participate in a game or sweepstakes,then _____ is present,and the promotion is considered a lottery.

• A)exchange
• B)consideration
• C)equity
• D)enticement
• E)remuneration

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Definitions:

Stock Return

The profit or loss made on an investment in stock, usually expressed as a percentage of the purchase price.

Slope

The measure of the steepness and direction of a line, representing the rate of change of a function.

Simple Regression

A statistical method for quantifying the relationship between a single independent variable and a single dependent variable.

Intercept

In statistics and mathematics, the point at which a line crosses the y-axis in a graph, representing the value of the dependent variable when the independent variable is zero.