Rescission Is Available for a Contract Involving Duress

question 45

True/False

Rescission is available for a contract involving duress.

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Definitions:

Organisational Outputs

The results or products that come from the functioning of an organization, including goods, services, and ideas.

Technology

The application of scientific knowledge for practical purposes, especially in industry.

Competitive Advantage

The advantage a company has over its competitors, allowing it to generate greater sales or margins and/or retain more customers.

Monopolistic Market

A market structure characterized by a single seller who has significant control over the market price and conditions, in contrast to perfect competition.