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hram777 [196]
4 years ago
7

Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in OptiBank through Newt's investment f

irm. Unknown to Mona, Newt realizes a commission from the investment. Most likely, Mona may rescind the contract on the basis of:
A. ​undue influence.
B. ​fraud.
C. ​mistake.
D. ​duress.
Business
1 answer:
alukav5142 [94]4 years ago
6 0

Answer:

A. Undue influence

Explanation:

Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.

In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.

Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.

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Elden [556K]
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For example, many repairment targets older people by giving them advice to fix parts of their computer that's working fine.</span>
3 0
3 years ago
Read 2 more answers
Which terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?
AysviL [449]

Answer: Agency problem

Explanation:

Agency problem  is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.

4 0
3 years ago
During​ February, assets increased by 87000 and liabilities increased by 31000 . Equity must have:___________.
Pie

Answer:

a. increased by $56,000

Explanation:

General accounting equation ;

Assets = Liabilities + Owners equity

Owners equity = Assets - Liabilities.

Therefore,

Increase in stockholder's equity

= $87,000 - $31,000

= $56,000

3 0
3 years ago
The ohio state studies and the leadership grid are associated with the ____ approach to leadership.
dsp73

The Ohio state studies and the leadership grid are associated with the behavioral approach to leadership.

<h3>What is meant by the behavioral approach?</h3>

Since human conduct is taught, it is possible to unlearn any behavior and replace it with another behavior. The observable and quantifiable characteristics of human behavior are the main focus of behaviorism. As a result, learnt behaviors can be undone when they become unacceptable.

Relationship behaviors aid followers in feeling at ease with one another, with themselves, and with their surroundings. The behavioral approach's main goal is to clarify how leaders mix these two types of actions to affect followers' efforts to accomplish a goal.

According to the behavior approach, all behaviors are acquired and are predicated on the same core precepts and outcomes.

These are linked to actions taken voluntarily by individuals and include environmental factors that are relevant to the action and are under the control of the individual.

To learn more about behavioral approach refer to:

brainly.com/question/15038015

#SPJ4

4 0
2 years ago
Why is it difficult for some people to save money?
sammy [17]
If they have alot of money then it might be hard for them to save because they have enough or if they  dont have alot of money then they just wanna have alot of items i do that sometimes☺


8 0
4 years ago
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