To Establish a Cause of Action Based on Fraud in the Inducement,one

question 66

Multiple Choice

To establish a cause of action based on fraud in the inducement,one of the elements the plaintiff must generally prove is that:

• A)it is impossible for the plaintiff to fulfill the terms of the contract.
• B)the contract is unconscionable.
• C)the defendant made a false representation of a material fact.
• D)there has been a mutual mistake of a material fact by the plaintiff and defendant.

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Definitions:

Governance Committee

A group within an organization charged with overseeing the strategic direction and accountability, often focusing on board recruitment, selection, and evaluation.

Board Professionals

Specialists or experts who provide guidance, advice, or services to an organization's board of directors, often in legal, financial, or strategic planning areas.

Carver's Model

A governance model created by John Carver that emphasizes the board's responsibility for the organization's purpose, direction, and overall policy.

Sarbanes-Oxley Act

United States federal law enacted in 2002 to protect investors from fraudulent accounting activities by corporations, including stringent record-keeping requirements.