Stan gave Ollie an option to buy his ranch. This burned the ranch with:
a. a fiduciary agreement
b. an involuntary lien
c. a contract to offer to sell
d. an offer to enter into a contract
Answer: c. a contract to offer to sell
Business
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In the formula Y = a + bX + ei, Y is the dependent variable.
a. true b. false
Business
According to the doctrine of strict liability, which of the following parties is strictly liable for injuries caused by a defective product?
A) only the manufacturers of the products B) only the parties directly involved in the sale of the product to the customer C) all parties providing services related to the product D) all parties in the chain of distribution
Business