In the Case in the Text,Duro Textiles,LLC V

question 69

Multiple Choice

In the case in the text,Duro Textiles,LLC v.Sunbelt Corporation,the court held that a forum selection clause:

• A)was incorporated into the parties' contract.
• B)materially altered the contract within the meaning of the Code.
• C)was not a material term.
• D)was prima facie invalid.

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Definitions:

Factors of Production

The resources used in the production of goods and services, typically categorized into land, labor, capital, and entrepreneurship.

Entrepreneurial Ability

The skill or talent required to conceptualize new products or services, create businesses, and achieve economic success.

Economic Resources

Inputs used in the production of goods and services, often categorized into land, labor, capital, and entrepreneurship.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at specific prices.