When a Person Whom a Regulatory Statute Seeks to Protect

question 47

Multiple Choice

When a person whom a regulatory statute seeks to protect enters into an agreement in violation of the statute, the protected person:

• A) is only allowed to enforce the agreement.
• B) cannot recover in quasi contract for benefits conferred on the other party.
• C) cannot recover for any loss but may enforce the agreement.
• D) may either enforce the contract or recover any consideration he or she has parted with.

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Definitions:

Visual Aids

Tools and materials, such as charts, diagrams, or videos, used to enhance understanding or retention of information.

Operating Manuals

Operating manuals are comprehensive guides that provide detailed instructions on how to use, maintain, and troubleshoot specific equipment, systems, or software.

Stalling Objection

Stalling Objection is a type of resistance expressed by a potential customer, often due to indecision or seeking more time before making a purchase.

No-need Objection

A type of sales objection where the potential buyer claims they have no need for the product or service offered.