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suter [353]
3 years ago
11

If one of the parties to a contract is forced to agree out of fear of harm, then genuineness of assent has not been achieved. Th

e legal defense of _____ is available here, and the contract may be rescinded.
Business
2 answers:
Simora [160]3 years ago
8 0

Answer: duress

Explanation: The legal defense available in this situation is duress. Duress is defined legally as a restraint in which a person is influenced, whether by lawful or unlawful forceful compulsion of their liberty by monition or implementation of physical enforcement; legally for the incurring of civil liability, of a citizen's arrest, or of subrogation, or illegally for the committing of an offense, of forcing a contract, or of using threats. Genuineness of assent is not achieved when parties are forced to agree to something under threat of harm.

Hoochie [10]3 years ago
7 0

Answer:

duress

Explanation:

A contract may not be enforced it any of the parties does not give genuine or real assent, i.e. they freely agree with the contract terms.

Duress happens when one of the parties threatens to do something bad or wrong to the other party in order to force them to enter a contract. Contracts agreed under duress can be invalidated.

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Increasing then decreasing.
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What is the oldest retailer still operating in the u.S.?
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Brook brothers is the oldest that is still doing business today

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Evans Products uses a process costing system with two processing departments: the Mixing Department and the Finishing Department
avanturin [10]

Answer:

d. A debit to Work-in-Process Inventory, Finishing Department of $140,000.

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3 years ago
In the B2B market, General Motors Company, Anheuser-Busch, and Kraft all purchase raw materials from their upstream suppliers, m
lapo4ka [179]

Answer:

Producers.

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5 0
3 years ago
The concept of competitive advantage focuses on a. what customers are willing to pay. b. the costs a firm incurs in delivering a
muminat

Answer:

c. increasing the wedge between what customers are willing to pay and the cost that the firm incurs.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

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Hence, the concept of competitive advantage focuses on increasing the wedge between what customers are willing to pay and the cost that the firm incurs. Generally, customers are willing to pay for a product or service provided they get value for their money and derive enough satisfaction from it.

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