What did the appeals court rule when a used-car dealer was sued for fraud?

A) The legitimate goal of requiring citizens to investigate the claims of potential dishonest
sellers would be thwarted if the court allowed buyers to ignore the significance of "as-is"
clauses in sales contract.
B) The use-car dealer was guilty of fraud, but since the sales contract contained an "as is"
clause, recovery was limited to the value of the two vehicles traded in and the cash used
to purchase the Chevrolet Suburban truck.
C) The "as is" clause in the contract relieved the seller of any civil liability based on fraud or
breach of contract.
D) The verdict of the jury in the trial court awarding compensatory damages, attorney's fees,
and punitive damages would accomplish the legitimate state interest in punishing the
defendant and deterring its future conduct.

D

Business

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The Civil Rights Act of 1964 protects against discrimination based on:

A) Sex. B) Sexual preference. C) Both sex and sexual preference. D) Neither sex nor sexual preference.

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Combining two negatively correlated assets to reduce risk is known as ________

A) diversification B) valuation C) securitization D) risk aversion

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