Answer:
The correct answer is B
Explanation:
Contract Law is the law or an agreement among the private parties establishing the mutual obligations which is enforceable by law. The basic or primary elements are required for the agreement or contract to be legally enforceable agreement are expressed by a acceptance and valid offer, legality, mutual assent and adequate consideration.
The two most vital sources of the contact law are Statutory Law (The Uniform Commercial Code) and the Case law.
The answer to this question is a material breach. A material breach is a breach of contract where in the other party failed to provide or perform what is needed in the contract. This also shows that the contract can no longer be completed.
Answer:
B. No, because the advertisements are an invitation to bid.
Explanation:
An advert is not legally binding as it is just a means to capture consumer attention and convince them to buy a product or service.
Advertisements are merely considered as invitations to bid so the one made by Neti-pot Co is misleading because anybody reading it will immediately assume if a consumer takes the product the way it is advertised and begin to get side effects, the company will really give out the $100 promised.
Therefore, Sheldon wont get any compensation even if she decides to sue.
She will have to bear the consequences alone.
Answer:
C. A portfolio consisting of about three randomly selected stocks from different sectors
Explanation:
Standard deviation helps measure risks. It determines market volatility or the spread of asset price from their average price. When the volatility of prices are rapid, standard deviation becomes high which in turn means investment is risky and vice versa. Diversification of investment tend to reduce risk. A portfolio containing a diversified randomly selected stock from three sectors would have a lower standard deviation (risk) than the other portfolios stated in the question.
Diversification is a form of risk management.
