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Taurus Software Inc

question 82

Multiple Choice

Taurus Software Inc.develops online security systems.It is negotiating a highly profitable contract with a large government agency.The high stakes call for an agreement,which considers the best interests of both the parties.Which of the following conflict style would be best suited for reaching an agreement in the given situation?


Definitions:

Innocent Misrepresentation

A false statement made honestly and without the intent to deceive, which may lead to the voiding of a contract if relied upon by the other party.

Rescission

The cancellation of a contract, returning all involved parties to their state before the contract was made.

Damages

Financial compensation awarded to a party in a lawsuit for loss or injury suffered as a result of another party's actions.

Undue Influence

An unlawful practice where an individual or entity exerts excessive pressure or uses manipulative tactics to coerce another party into making a legal decision that they would not have made otherwise.

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