When Stella Finman Got to Know That She Was Terminally

question 56

Multiple Choice

When Stella Finman got to know that she was terminally ill, she drafted a will leaving all her property to her son.During her period of illness, Stella was financially and emotionally supported by her lawyer as her son was mostly away.When the will was read upon her death, it said that her lawyer would get a 20 percent stake in Finman Corp., a company Stella owned.Upon investigation, it was revealed that Stella's lawyer took advantage of Stella's weakness and persuaded her to change the contractual terms.This is an instance of ________.

• A)undue influence
• B)battery
• C)duress
• D)fraud

---

Definitions:

Total Cost

The sum of all costs incurred by a business in the production of goods or services, including fixed and variable costs.

Prospective Sales

Forecasted or anticipated sales based on current trends, marketing strategies, and economic conditions.

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the cost per unit of output decreases with increasing scale.

Diseconomies of Scale

A condition where a firm experiences increasing production costs and decreasing returns as it becomes too large.