Researchers Estimate That 90 Percent of Communication Is Nonverbal, Transferred

question 19

True/False

Researchers estimate that 90 percent of communication is nonverbal, transferred by body language and facial expressions.

Understand the concept and implications of mutual mistake in contract agreements.

Identify the elements required to prove duress and its effect on contracts.

Grasp the concept of scienter and its relevance in cases of fraud.

Comprehend the circumstances under which nondisclosure can lead to the invalidation of a contract.

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Definitions:

Investment Account

An account holding securities, cash, and other assets managed by an investment dealer or manager for the benefit of the investor.

Variable Interests

Interests in an entity that change based on changes in the entity's net asset value, income, or cash flows.

Lease Residual Value

The estimated value of a leased asset at the end of the lease term.

Loss on Sale

Occurs when the sale price of an asset is less than its carrying amount on the books.