Mona Is Induced by Her Guardian Newt to Sign a Contract

question 25

Multiple Choice

Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt's investment firm.Unknown to Mona,Newt realizes ongoing commissions from the investment.Most likely,Mona may

• A)not rescind the contract.
• B)rescind the contract on the basis of undue influence.
• C)rescind the contract on the basis of mistake.
• D)rescind the contract on the basis of unconscionability.

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Definitions:

Global Mind-Set

An attitude or approach that considers the full spectrum of global and multicultural factors in decision-making and strategizing.

Country Contexts

The unique combination of social, economic, political, and cultural factors that characterize each country and influence business operations and strategies.

Global Leadership Ability

The capability to influence and guide individuals or groups from different countries towards achieving organizational goals.

Expatriate

An individual living and working in a country other than their country of citizenship, often temporarily and for work reasons.