Which of the Following Is Involved in a Situation in Which

question 10

Multiple Choice

Which of the following is involved in a situation in which a person refuses to perform according to a contract unless the other person either signs another contract with the one making the threat or pays that person a higher price than was specified in the original agreement?

• A) Fraudulent duress
• B) Contractual duress
• C) Negligent duress
• D) Economic duress
• E) Specific duress

Comprehend the significance of specific performance and the conditions under which it applies.

Identify the conditions under which breaches of warranty occur.

Understand the remedies available to sellers when buyers breach contracts.

Learn the procedures and justifications for resale by sellers in breached contracts.

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Definitions:

Positive Reinforcement

A method of increasing the likelihood of a desired behavior by offering a reward or favorable outcome following that behavior.

Prescribed Treatment

A specific course of medical treatment recommended or ordered by a healthcare professional based on individual patient needs.

Perception

Awareness through the senses; the receipt of impressions; consciousness.

Awareness

Consciousness or recognition of something.