Dora, an Accountant, Uses Undue Influence to Induce Her Client

question 65

Multiple Choice

Dora, an accountant, uses undue influence to induce her client Emily to invest in Fiery Stocks, Ltd., a business with little potential. When Emily learns the truth, she can

• A) do nothing.
• B) enforce the contract but not cancel it.
• C) enforce the contract or cancel it.
• D) cancel the contract but not enforce it.

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Definitions:

Service Sector

The segment of the economy that provides intangible goods and services, such as healthcare, education, and financial services.

Trading Nation

A country whose economy is highly engaged in international trade, evidenced by a high ratio of exports and imports to its gross domestic product.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to a net outflow of domestic currency to foreign markets.

Remained

Stayed in the same place or condition; continued to be.