Question Options:
A. opinion statements.
B. material representations.
C. innocent misrepresentations.
D. fraudulent, if they are false.
Answer: Legally, Bob's statement are OPINION STATEMENTS.
Explanation: An opinion statement can be defined as a subjective belief, judgment or perspective that a person has formed about a topic, issue, person or thing. Example of opinion is that Barcelona is the best football team in the world. Another example of opinion is that capitalist system is better than socialist system.
Bob saying "this is a great car—it runs like a dream, it is a sweet ride." is an opinion because they are his own personal beliefs.
Answer:
Explanation:The Allies described the wartime military alliance of Germany, Austria-Hungary, Bulgaria and the Ottoman Empire as the 'Central Powers'.
Answer:
Laissez-faire, policy of minimum governmental interference in the economic affairs of individuals and society.
Explanation:
The driving principle behind laissez-faire, a French term that translates as "leave alone" (literally, "let you do"), is that the less the government is involved in the economy, the better off business will be – and by extension, society as a whole. Laissez-faire economics are a key part of free market capitalism.
<span>Henry Hazlitt believed that when analyzing an economic proposal, the most common source of economic error was </span>the failure to consider long-run results and secondary consequences.