Which of the Following Was the Result in the Case

question 78

Multiple Choice

Which of the following was the result in the case in the text,Fantastic Sams Salons Corp.v.PSTEVO,LLC and Jeremy Baker,in which the court considered PSTEVO's counterclaim for fraudulent misrepresentation with regard to a franchise agreement?

• A)The counterclaim was dismissed because the disclaimer in the contract prohibited defendants from filing a claim.
• B)The counterclaim was dismissed even though the disclaimer was invalid.
• C)It is illegal to force a party to sign a disclaimer about representations made,and thus defendants were allowed to proceed with their counterclaim.
• D)The disclaimer was invalid and thus defendants were allowed to proceed with their counterclaim.
• E)The counterclaim was dismissed because,in response to a disclaimer in the contract,defendant affirmed that certain representations were not made.

Differentiate between friendly and unfriendly acquisitions and their financial implications.

Identify compliance and strategic reasons for divesting operations post-merger.

Recognize the significance of economies of scale and tax benefits in driving the synergistic benefits of mergers.

Understand the concept of self-efficacy and how it can be enhanced through various methods.

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Definitions:

Debts Barred

Relates to debts that cannot be legally recovered due to the expiration of a statute of limitations.

Statutes Of Limitations

Laws that set the maximum time after an event within which legal proceedings may be initiated, thus limiting the duration a party can be sued or charged.

Inadequate Consideration

This term implies an agreement in which the value exchanged between two parties is significantly disproportionate, questioning the fairness of the deal.

Promissory Estoppel

A legal principle that prevents a promisor from denying the promise or going back on it if the promisee has reasonably relied on the promise to their detriment.