Zach Uses Simple and Direct Language in an Announcement Stating

question 24

True/False

Zach uses simple and direct language in an announcement stating that his company has discontinued a popular product because the cost of production has soared.His choice of language will help customers to believe that he has been up front with them.

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Definitions:

Voidable Contract

An agreement that may be annulled or declared void by one of the parties due to certain legal deficiencies or circumstances.

Rescinded

The act of revoking, canceling, or repealing a contract, decision, or agreement, making it as if it never existed.

Scienter

Deliberately or knowingly.

Duress

Any unlawful act or threat exercised on a person whereby the person is forced to enter into an agreement or to perform some other act against his or her will.