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Even If a Party Has the Power to Avoid a Contract

question 47

True/False

Even if a party has the power to avoid a contract for lack of capacity,duress,or undue influence,the party will lose that power by affirming the contract.


Definitions:

Secondary Opportunities

Secondary opportunities refer to additional chances or prospects that arise from the initial set of circumstances or activities, potentially leading to more benefits.

Prior Work Experience

The employment history and professional background of an individual before applying for a new job or position.

Competitive Advantages

Attributes that allow an organization to outperform its competitors, such as superior products, cost efficiency, or brand strength.

Hobbies

Leisure activities that individuals engage in for pleasure, relaxation, or personal satisfaction, not as their main occupation.

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