In a Situation Where One Party to a Contract Has

question 93

Multiple Choice

In a situation where one party to a contract has lied about the nature of the document that the parties are signing,the type of fraud that would most likely be present is:

• A) fraud in the inception.
• B) fraud in the inducement.
• C) fraud by concealment.
• D) fraud by undue influence.
• E) fraud in the substance.

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Definitions:

80/20 Rule

Also known as the Pareto Principle, it is the idea that roughly 80% of effects come from 20% of causes.

Fear of Failure

An apprehension or anxiety about not succeeding or meeting expectations, which can inhibit actions and decisions.

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others.

Win-Win Relationships

Situations in which all parties involved gain benefits or satisfaction.