Fun Foods Fraudulently Induces Holly to Buy a Household Products

question 85

Multiple Choice

Fun Foods fraudulently induces Holly to buy a household products franchise by grossly misstating the average revenues of its franchisees.She discovers the misrepresentation after she resold some products that she received but before she has paid Fun Foods for the products.Holly wants to cancel the franchise contract on the basis of fraud.What is the remedy available to her?

• A)Promissory estoppel
• B)Duty of good faith
• C)Executory contract
• D)Quasi-contract

Apply interest rate calculations to real-world financial planning and decision-making.

Analyze the impact of varying interest rates on the growth of investments over time.

Understand the concept of simple interest.

Calculate simple interest for various time periods.

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Definitions:

Producing

The process of creating goods or services to be offered to the market.

Marginal Benefit

The heightened satisfaction or utility one gets from acquiring one more unit of a product or service.

Producing

The process of creating, manufacturing, or bringing forth goods and services for consumption or use.

Pizza

A popular dish of Italian origin consisting of a flat, round base of dough baked with a topping of tomato sauce and cheese, often with added meat, fish, or vegetables.