When a Business Advertises Their Product, the Courts Generally Presume

question 34

Multiple Choice

When a business advertises their product, the courts generally presume that:

• A) The merchant did not intend to enter into contracts with purchasers of their product.
• B) The merchant did not intend to immediately create legal relations with viewers of the advertisement.
• C) The merchant intended any contract with a purchaser to be legally binding.
• D) The merchant intended their statements to be legally binding.

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Definitions:

Largest Stock Market

Typically refers to the New York Stock Exchange (NYSE) or the NASDAQ, both of which are among the largest and most influential stock markets globally.

Expected Return

The average amount of profit or loss one can anticipate on an investment, accounting for the probabilities of varying outcomes.

Standard Deviation

A statistic that measures the dispersion of dataset relative to its mean and is calculated as the square root of the variance.

Covariance

A measure that indicates the extent to which two securities move in the same or opposite directions.