When Psychologists Report the Findings of a Study in a Scientific

question 3

Multiple Choice

When psychologists report the findings of a study in a scientific journal, it's important that they include a description of all of the following EXCEPT how:

• A)the study participants were chosen.
• B)the data were analyzed.
• C)variables were operationally defined.
• D)the journal reviewers responded to the findings.

Identify factors considered by courts in determining the legality and enforceability of agreements based on public policy.

Understand the concept of unconscionability and its types (procedural and substantive) in contract law.

Recognize the legal implications of exculpatory clauses in contracts.

Understand the concept of adhesion contracts and their potential for unconscionability.

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Definitions:

Liability

A company's legal financial debts or obligations that arise during the course of business operations.

Retained Earnings

Profits that a company has decided to keep and reinvest in the business rather than distribute to shareholders.

Common Dividend Payable

A liability on the balance sheet representing the amount of dividends declared by a company's board of directors to be distributed to common shareholders.

Stock Split

A corporate action where a company divides its existing stock into multiple shares to boost the liquidity of the shares, without changing the market capitalization.