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Which of the Statements Below Is FALSE

question 2

Multiple Choice

Which of the statements below is FALSE?

Evaluate the effectiveness of legal remedies available for violations of employment discrimination laws.
Apply multi-step percent-based calculations to solve business problems.
Understand and calculate mark-up rates and selling prices in business scenarios.
Analyze the impact of discounts, mark-downs, and operating expenses on product pricing.

Definitions:

Fair Market Value

The price that property would sell for on the open market between a willing buyer and a willing seller.

Preexisting Duty

An obligation that a party is already legally required to perform, which cannot serve as consideration for a new contract.

Executory Contract

A contract that has not yet been fully performed or completed by one or more parties.

Executory

Pertaining to a contract or agreement in which not all obligations or terms have yet been fulfilled by the involved parties.

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