Examlex
A tile manufacturer has supplied the following data:
-If the company increases its unit sales volume by 3% without increasing its fixed expenses,then total net operating income should be closest to:
Voidable Contract
An agreement that may be annulled or declared void by one of the parties due to certain legal deficiencies or circumstances.
Rescinded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.
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