Which of the Following Involves the Legal Enforcement of an Otherwise

question 87

Multiple Choice

Which of the following involves the legal enforcement of an otherwise unenforceable contract due to a party's detrimental reliance on the contract?

• A)Reliance rule
• B)Promissory reliance
• C)Promissory estoppel
• D)Promissory rule
• E)Substantial estoppel

Appreciate the application of marketing research in real-world scenarios, including the entertainment industry and social media marketing.

Understand the challenges in marketing research, including assessing consumer willingness and collecting primary data.

Understand the structure and significance of major stock indices in the U.S. and abroad.

Grasp the essentials of financial instruments such as certificates of deposit, bonds, and their insurance mechanisms.

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Definitions:

Connection

A relationship or link between individuals, objects, or systems that enables communication or interaction.

Code of Ethics

A set of principles and guidelines designed to help professionals conduct business honestly and with integrity.

Business

An enterprise or company participating in market, industry, or specific professional operations.

Business Activity

Engagements or actions undertaken by individuals or companies to produce, sell, or distribute goods or services in pursuit of profits.