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Which statement best reflects the difference between the term "minority" and "visible minority"?
Rescission
Rescission is the act of invalidating a contract, returning the parties involved to their positions prior to the agreement, under circumstances such as misrepresentation or fraud.
Fraudulent Misrepresentation
A false statement made knowingly or recklessly with the intent to deceive, leading another to enter into a contract.
Void Ab Initio
A term meaning "void from the beginning," indicating that a contract or agreement was invalid from the start.
Straight Commission
A compensation model in sales where an employee's income is derived entirely from the commissions made on the sales they secure.
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