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TABLE 2-15
The table below contains the number of people who own a portable DVD player in a sample of 600 broken down by gender.
-Referring to Table 2-15, of the females in the sample, ________ percent owned a portable DVD.
Genuine Assent
An agreement to enter into a contract that is not clouded by factors such as fraud, duress, or mistake, indicating true and voluntary agreement.
Misrepresentation
A false statement of fact made by one party to another party, which has the effect of inducing that party into a contract.
Undue Influence
The situation in which one person has taken advantage of his or her dominant position in a relationship to persuade the other person unduly to the extent that the dominant person’s persuasive efforts have interfered with the other person’s ability to make his or her own decision.
Fraudulent Misrepresentation
An intentional false statement of a material fact made by one party to induce another party to enter into a contract.
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