The Costs Transferred from a Prior Process to a Subsequent

question 113

True/False

The costs transferred from a prior process to a subsequent process are referred to as transferred-in costs.

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Definitions:

Rescinded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.

Physical Harm

Damage or injury to a person's body.