Which of the Following Might Prove That a Contract Was

question 40

Multiple Choice

Which of the following might prove that a contract was freely entered into by the parties?

• A) evidence the contract was signed in the presence of a witness
• B) evidence the weaker party received independent legal advice
• C) evidence there has only been presumed pressure but not actual pressure
• D) evidence that the terms of the contracts are fair

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Definitions:

Total Variable Cost

The total of all expenses that change in direct proportion to the amount of goods or services produced.

Manufacturing Overhead Cost

All manufacturing costs that are not directly associated with the production process, including indirect materials, indirect labor, and other overhead costs.

Relevant Range

The spectrum of operations or magnitude within which the premises regarding constant and fluctuating cost dynamics hold true.

Prime Cost

The combined cost of raw materials and labor directly involved in the production of goods.