When Courts Consider Economic Duress,they Consider All the Following Factors

question 39

Multiple Choice

When courts consider economic duress,they consider all the following factors EXCEPT

• A)relative bargaining power.
• B)financial distress.
• C)legitimate business purpose.
• D)relative size of the contract.

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Definitions:

Source Objections

The identification and handling of reasons a prospect or customer might resist a sale or agreement.

Professional Salespeople

Skilled individuals who specialize in selling products or services, often possessing advanced knowledge of sales techniques and customer service.

Value

Value refers to the importance, worth, or usefulness of something, often in terms of its perceived benefits versus cost.

Price/Value Formula

A strategy or equation used to determine the appropriate price of a product or service based on its value to the customer and the market demand.