When a Party to a Transaction Lacks Relevant Information

question 21

Multiple Choice

When a party to a transaction lacks relevant information:

• A) other parties will voluntarily share this information truthfully.
• B) they will not make the deal without complete information.
• C) they sometimes seek out information in ways that are not obvious.
• D) they always make the deal blindly.

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Definitions:

Tech-Savvy

Having a good understanding of and an ability to use technology effectively and efficiently.

Online Course

An educational course offered primarily or entirely through the Internet to students in various locations.

Cornell Format

A systematic method of note-taking that involves dividing the page into sections to organize notes efficiently.

Two-Column Format

A method of organizing information or data in two vertical columns to compare and contrast, categorize, or list attributes and values side by side.