Making Judgments or Decisions That Come to Mind on Their

question 64

Multiple Choice

Making judgments or decisions that come to mind on their own, without explicit awareness of the evoking cues and without explicit evaluation of the validity of those cues, is called:

• A) Satisficing
• B) Rationalizing
• C) Intuition
• D) Explicit knowledge
• E) Evidence-based decision making

Discern the characteristics and enforceability of online contracts, including click-on, shrink-wrap, and browse-wrap agreements.

Understand the exclusive rights provided by patents and the exclusions to what can be copyrighted.

Learn the purpose and limitations of various equitable remedies in contract law.

Understand the concept of expected utility and how it applies to decision-making under uncertainty.

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Definitions:

Confidence Interval

A set of numbers obtained from statistical data from a sample, which is expected to encompass the value of a parameter from the overall population that is not known.

Defective

Describes an item that fails to meet quality standards or specifications, often resulting in malfunction or unsuitability for intended use.

Proportion

A part, share, or number considered in comparative relation to a whole.

Proportion

Refers to the ratio of a part or portion of the total count, quantity, or amount in a given context.