________ Is a Wrongful Coercion That Induces a Person to Enter

question 59

Multiple Choice

________ is a wrongful coercion that induces a person to enter or modify a contract.

• A)Deceit
• B)Mistake
• C)Fraud
• D)Duress

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Definitions:

Non-amortizable Debt

Debt that does not require regular principal payments over its life; interest may be paid periodically, but the principal is repaid at maturity.

Repayment

The act of paying back money previously borrowed from a lender.

Semiannually

Occurring or done twice a year, typically every six months.

Debt Investments

Investments in bonds or other forms of debt securities that provide the investor with interest income.