An Example of Tangible Capital Is

question 155

Multiple Choice

An example of tangible capital is

• A) a restaurant's unsold, unopened cans of soda.
• B) an idea for a new business.
• C) the goodwill a firm has established through advertising.
• D) knowledge of how to program a computer.

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Definitions:

Physical Duress

Coercion involving the use of or threat of physical force to compel someone to act against their will.

Economic Duress

A situation where an individual or company is forced into a contractual agreement under threats or pressure related to financial hardships.

Assault And Battery

A combination of an attempt or threat to harm someone (assault) followed by unauthorized physical contact or harm (battery).

Fraud In The Inducement

Fraud in the Inducement involves deceit or trickery to secure unfair or unlawful gain in a transaction, leading to an agreement being made under false pretenses.