Examlex
In which type of conflict would you face the following question: Do you tell the truth or remain loyal to the person or organization asking you not to reveal the truth?
Innocent Misrepresentation
A false statement made by someone who believes it to be true, which induces another party to enter into a contract.
Duress
A situation where a person performs an act as a result of violence, threat, or other pressure against the person.
Economic Condition
The state of an economy at a given time, including factors like GDP, unemployment rates, and inflation.
Slump
A significant, sudden decrease in economic activity or market prices, often reflecting a downturn in a particular industry or the economy as a whole.
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