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An 80-year-old woman signed, in the presence of a solicitor, a contract for land by which she sold property to her daughter. She later asked the court to set the contract aside on the grounds of non est factum (mistake) and undue influence. Which of the following is true with regard to these grounds for the contract?
Price-Earnings Ratio
A valuation metric comparing a company's current share price to its per-share earnings, indicating investor expectations of growth.
Market Price
The existing cost for purchasing or selling an asset or service.
Net Income
The amount a company earns after deducting every cost, expense, and tax from its total income.
Price-Earnings Ratio
A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is over or undervalued.
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