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Recessions,stock market crashes and hostile takeovers are examples of_____that may be sources of uncertainty and high risk.
Consideration
A value that is promised, given, or received by a party in a contract, making the agreement legally enforceable.
Justifiable Reliance
The reasonable trust placed by one party in the representations of another, particularly in situations leading to contracts or agreements.
Noncontractual Promise
An assurance or pledge not bound by a formal contract and generally not enforceable by law.
Material Misrepresentation
Providing false or misleading information of significant importance, intentionally or accidentally, which can impact contractual agreements or decisions.
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