In a condition where Gina induces Hugh to enter into a contract for the purchase of a condominium about which Gina knowingly misrepresents a number of material features, Hugh can rescind from entering into the contract on the basis of fraud when he discovers about the truth of Gina's wrongful intentions.
<h3>What is the significance of a fraud?</h3>
A fraud can be referred to or considered as a situation that arises when either of the parties to a contract is unaware of the wrongful intentions of the other party at the time of entering into the contract.
Therefore, the significance regarding a fraud has been aforementioned.
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Answer:
A) employees are held strictly accountable for their actions.
Explanation:
When tasks are given specifically as well as authority to various positions, persons holding those positions will be held accountable for inquiries or issues that may arise from those specific positions. For example, a bread factory has a unit headed my John who is in charge of creative the bread tag, if the tag is done wrongly, or is being delayed, the management instantly knows who to question.
<span>In the insurance market, this is referred to as adverse selection. Adverse selection is simply just a situation where the seller has information that the buyer does not have about an aspect of the product or its quality, or vice versa. When it comes to insurance, adverse selection is the likelihood of those who preform dangerous jobs or are high risk to get life insurance.</span>
Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
Answer:
the common sequence is
Explanation:
planning, analysis, design, implementation, and maintenance