Business Law Study Guide Graded A+

most common form of valid consideration {Ans: ___is the promise of money by one party for the promise of an act by another. the exchange of money is not a requirement}recoup his or her losses from the publication {Ans: if the error is the fault of the newspaper, the merchant may be able to ___}If it is not the merchants fault on the price in the newspaper {Ans: the merchant believes it is a good business decision to sell at the advertised price in order to retain public goodwill.}could {Ans: emancipation _____result from marriage or from voluntary separation of minor from his or her parents or guardians in order to assume adult responsibilities, such as financial independence.}it is regarded as a general offer to the public at large {Ans: when an advertisement offers a reward for information that might lead to the arrest of a criminal or for the return of a lost article}tangible personal property {Ans: personal property that can be moved}