Business Agreements Are Most Often Challenged as Contrary to Public

question 18

Multiple Choice

Business agreements are most often challenged as contrary to public policy because

• A) one party may have been coerced into signing the agreement.
• B) they may be in restraint of trade.
• C) the agreement may be contrary to statute.
• D) one party may be more powerful that the other.
• E) the agreement may be intended to defraud others.

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Definitions:

Reseller

A reseller purchases goods or services to sell them to consumers at a markup, without significantly altering their form.

Customer Benefit Plan

A strategy or program designed to provide advantages or positive outcomes to customers, enhancing their experience or satisfaction.

Business Proposition

A proposed business idea or plan aimed at generating economic benefits.

ROI

Return on Investment; a measure used to evaluate the financial performance or potential return from an investment, calculating the ratio between net profit and cost of investment.