Jumping into conclusion when one sees correlation

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1. Jumping into conclusion when one sees correlation is the most logical mistake that people make. Expand this idea by citing at least two specific examples that you can relate to, based on your experience. (Include details when needed to better explain the idea).

2. Racicky was in the process of buying 320 acres of ranchland. While that sale was being negotiated, Racicky signed a contract to sell the land to Simon. Simon paid $144,000, the full price of the land. But Racicky went bankrupt before he could complete the purchase of the land, let one its sale. Which remedies should Simon seek: Expectation, resititution,or specific performance? Explain Why.

Reference no: EM132167411

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