Mollie Is a Narrative Researcher at the University

question 7

Multiple Choice

Mollie is a narrative researcher at the university. She is conducting her research on the volunteer experiences of those involved in programs such as Teach for America. Her dissertation chair, Ruth, asked her about the status of her human subjects review. Mollie was surprised because she had not intended to submit a protocol for human subjects review. Given this scenario, what can be said about the ethical standards in Mollie's study?

• A) Mollie does not need informed consent. She is only interviewing participants.
• B) Mollie needs to submit a protocol for review but her study will be an exempt study because everyone involved is an adult.
• C) Mollie will need to submit a protocol for review and her study will likely involve a Category I review.
• D) Mollie will need to submit a protocol for review and her study will likely involve a Category II review.

Understand the legal concept of promissory estoppel and its application.

Distinguish between bilateral and unilateral contracts and their respective consideration requirements.

Analyze the role of past consideration and forbearance in contract law.

Identify the factors the courts consider when determining the adequacy of consideration.

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Definitions:

Pure Play Approach

Use of a WACC that is unique to a particular project.

WACC

Weighted Average Cost of Capital; a measure of a firm's cost of capital where each category of capital is proportionately weighted.

Capital

Refers to financial assets or their financial value, as well as the tangible factors of production that are used to create other goods and services.