(A) Are Contracts Made Under the Influence of Fraud, Duress

question 2

Essay

(a) Are contracts made under the influence of fraud, duress and undue influence void or voidable? (b) What rights do victims of one of these acts have?

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Definitions:

Cash Dividends

Cash Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits.

Earnings Per Share

A financial metric that measures the portion of a company's profit allocated to each outstanding share of common stock, indicating a company's profitability.

Stock Split

Gives stockholders a specified number of additional shares for each share that they currently hold.

Preferred Stock

Stock that has specified rights over common stock.