McKenzie Purchases Goods from Dormond

question 72

Multiple Choice

McKenzie purchases goods from Dormond.Later McKenzie goes to court and the court declares that the contract between McKenzie and Dormond is void.This means that

• A)Dormond has to return all money received from McKenzie,but McKenzie does not have to return the goods.
• B)the court has declared that there was a valid contract between Dormond and McKenzie from the date of the purchase until the date of the Court ruling.
• C)the court has declared that Dormond breached the contract.
• D)McKenzie can return all or the remainder of the goods to Dormond in exchange for reimbursement of payment.
• E)McKenzie can keep the goods and can demand his money back from Dormond.

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Definitions:

Corporate Crisis

A significant business problem that threatens the reputation or financial stability of a company, requiring immediate action.

Litigation

The process of resolving disputes between parties through the court system, involving legal proceedings to determine a verdict or settlement.

Issues Management

The proactive process of identifying, evaluating, and responding to potential issues or opportunities that could impact an organization, aiming to prevent them from escalating into crises.

Emerging Trends

New patterns or developments in behavior, technology, culture, or markets that have the potential to significantly impact society or industry.