Which of the Following Statements Is True of Fraud in the Inducement

question 11

Multiple Choice

Which of the following statements is true of fraud in the inducement?

• A) It occurs when a party intends to make a contract based on a false statement of terms.
• B) It refers to a defrauded party not signing a contract if the nature of writing cannot be understood.
• C) It refers to a party forced to sign a contract under duress.
• D) It takes place when a party unintentionally signs a contract after being misguided by another.

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Definitions:

Harsher Penalties

The implementation of stricter punishments or laws as a deterrent against certain behaviors or actions.

More Laws

Refers to the increase in legislation or regulations within a society, intended to address issues, regulate behavior, or govern certain activities.

CEOs

Chief Executive Officers (CEOs) are the highest-ranking executives in a company or organization, responsible for making major corporate decisions, managing the overall operations and resources, and acting as the main point of communication between the board of directors and corporate operations.

Alienation

Marxist concept to describe the process by which workers lack connection to what they produce and become separated from themselves and other workers.