Which of the Following Statements Is TRUE

question 26

Multiple Choice

Which of the following statements is TRUE?
I. Statistical discrimination is based on ill will toward a group because of their race, sex, nationality, or religion.
II. Statistical discrimination is judging people by the averages of the groups to which they belong.
III. As better ways of judging people develop, the merit of using statistical discrimination rises.

• A) I and III only
• B) II only
• C) I and II only
• D) I only

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Definitions:

Partial Performance

A situation in contract law where one party has completed a portion of their contractual obligations, which may entitle them to partial compensation or enforce the remainder of the contract.

Reasonable Quantity

An amount of goods or services deemed to be fair and appropriate under normal circumstances or usage.

UCC

A broad spectrum of laws that oversee every commercial transaction in the United States is encapsulated within the Uniform Commercial Code (UCC).

Industry Standards

Established norms and guidelines within a particular industry that are widely accepted and followed by businesses and professionals within that field.