Methods of Destroying Mutual Assent in a Contract Include Which

question 21

Multiple Choice

Methods of destroying mutual assent in a contract include which of the following?

• A)Duress
• B)Undue influence
• C)Fraud
• D)All of the above

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Definitions:

Financing Sections

Parts of financial statements or reports that detail how a company finances its operations, typically including borrowing, repaying debt, and issuing equity.

Indirect Method

A way of calculating cash flows for the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.

Indirect Method

A way of preparing a cash flow statement where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate cash flow from operating activities.

Net Income

The final amount a company retains after expenses and taxes have been removed from its overall revenue.