A Line with a Negative Slope Shows a Relationship in Which

question 45

Multiple Choice

A line with a negative slope shows a relationship in which

• A)the larger is the value of variable x,the smaller is the value of y.
• B)the smaller is the value of variable x,the smaller is the value of y.
• C)the larger is the value of variable x,the larger is the value of y.
• D)the two variables y and x are independent of one another.

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Definitions:

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise if the other party has reasonably relied on that promise to their detriment.

Revocation

The act of withdrawing, repealing, or cancelling a right, permission, or contract.

Effective Acceptance

The expression of assent to the terms of an offer in a manner requested or authorized by the offeror, resulting in a binding contract.

Firm Offer

An offer in a contract that is expressed in a way that it cannot be revoked for a certain period of time.