Which Statement Is True If Jack Seeks to Rescind the Contract

question 72

Multiple Choice

Which statement is true if Jack seeks to rescind the contract for the sale of the Mustang?

• A)Jack may not rescind the contract because truth is involved.
• B)Jack may rescind the contract on grounds of defamation.
• C)Jack may rescind the contract on grounds of duress.
• D)Jack may rescind the contract on grounds of fraud.
• E)Jack may rescind the contract on grounds of misappropriation of name or likeness.

---

Definitions:

Mean Absolute Deviation

A measure of the average absolute differences between each number in a set of values and the mean of the values.

Forecast Accuracy

The degree to which predicted outcomes align with actual results, often used in planning and decision-making processes.

Adaptive Smoothing

An approach to exponential smoothing forecasting in which the smoothing constant is automatically changed to keep errors to a minimum.

Bias

A forecast that is consistently higher or consistently lower than actual values of a time series.