Which of the Following Is True Regarding Fran's Assertion That

question 15

Multiple Choice

Which of the following is true regarding Fran's assertion that she should be allowed to recover from the coach?

• A) Based upon the facts given, Fran cannot recover because the father, who was not a merchant in regards to the transaction and had not signed anything showing that he was to be charged for the shirts.
• B) Fran can recover because she sent the father a confirming letter, and he did not object within 10 days of receipt.
• C) Fran can recover because she sent the father a confirming letter, and he did not object within 20 days of receipt.
• D) Fran can recover because the transaction was not covered by the UCC.
• E) Fran can recover only if she can prove by testimony of a witness that the father received the confirming letter and read it.

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Definitions:

Confirmation Error

A cognitive bias that involves favoring information that confirms previously existing beliefs or biases.

Framing Error

A mistake in decision-making caused by misrepresenting or misinterpreting the context or information surrounding the decision.

Escalating Commitment

The phenomenon of individuals or organizations continuing to invest in a decision, project, or course of action despite evidence of its failure.

Anchoring Bias

A cognitive bias where an individual depends too heavily on an initial piece of information (the "anchor") when making decisions.