Examlex

Solved

On Which of the Following Do Most People Score near the Middle

question 402

Multiple Choice

On which of the following do most people score near the middle of the score range with very few having extremely high or low scores?


Definitions:

Fairness of the Bargain

The equitableness or justness of the terms agreed upon in a contractual agreement.

Lawful Purpose

A lawful purpose is an action, contract, or transaction that is not in violation of any legal statutes or regulations.

Quantum Meruit

Quantum meruit is a legal principle allowing a party to recover the reasonable value of services provided, even in the absence of a formal contract.

Promissory Estoppel

A legal doctrine preventing a person from going back on a promise, even if it was made without formal consideration, when others have relied on that promise to their detriment.

Related Questions