Tran, Age 18, Is Incredibly Self-Confident, Well Adjusted, and Upbeat

question 5

Multiple Choice

Tran, age 18, is incredibly self-confident, well adjusted, and upbeat. What can you predict about his eventual income at age 30 or 40, compared to Cole, another 18-year-old, who is depressed and has low self-esteem?

• A) If both are poorly educated, Tran will probably earn much more than Cole.
• B) If both are well-educated, Tran will probably earn much more than Cole.
• C) Tran will probably earn much more than Cole at any level of education.
• D) Predictions about the future are impossible during the teenage years.

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Definitions:

Reliance Damages

Compensation granted for loss suffered as a result of relying on a promise or agreement that was later breached.

Injured Party

An individual or entity that has suffered harm or loss, usually as a result of another's action or inaction.

Equitable Remedies

Court orders that compel a party to act or refrain from acting in a specific way, not usually involving monetary compensation.

Plaintiff

An individual or entity that initiates a lawsuit in a court against another party.