Answer:
B) duress.
Explanation:
"Duress" refers to the exercise of unlawful pressure by one individual upon another in order to coerce such person to act in such a way which he ordinarily will not.
Duress and undue influence are two terms that appear synonymous but actually differ. Under the latter, the act of coercion is carried out by an individual who held something in trust for other. Under duress, there exists a threat to harm, which is not necessarily true in case of undue influence.
In the given case, after Marty's house was burnt, the insurance adjuster instead of approving her claim, rather accused him of burning the house and further threatened him with criminal prosecution, if the former did not agree to much lower claim.
In this case, Marty may rescind such previously agreed settlement on the grounds of duress wherein, the insurance adjuster coerced and threatened him for such settlement and forcibly changed his action with the motive of deriving personal gains.
Answer:
Option B Threat of substitute products
Explanation:
Kodak didn't considered technological advances and the growing strength and demand of substitute products which played a vital role in the strenthning position of Sony and other digital camera industry players. The technological advances technologically outdated Kodak and led to decrease in sales with higher percentage.
Answer:
the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.
Answer:
Cross- functional team
Explanation:
Cross- functional team, is the team which is defined as the group of people who came together with the different functional expertise of working against the common goal.
This team may involve the people from human resources, finance, operations and marketing department.
It occurs when the specialist from different areas are put on the same team. So, in this case, XYZ bring together the specialist, which implies that the firm is creating the team of cross- function.
In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
<h3>What are forward and futures contracts?</h3>
The difference between a forward and futures contract lies in their establishment.
A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.
Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
Learn more about forward and futures contacts at brainly.com/question/15581105
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