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While Connor was visiting his physician,he mentioned to him that he wished to sell his expensive sailboat.The physician expressed an interest in buying the boat,and offered to pay Conner $10,000 for it.Conner had intended to advertise the boat for $12,000 in the local newspaper,but agreed to sell it to the physician for $10,000.Some weeks after the boat had been sold,Conner wished to avoid the contract.
-In this case,the physician would be obliged to prove that there was no undue influence on his part.
Control Process
A method of regulating operations, systems, or activities to meet standards and ensure objectives are achieved efficiently.
Market Control
The ability of a firm or entity to influence or dictate terms and conditions within a particular market.
Control Process
A systematic effort by businesses to set performance standards, measure actual performance, compare it to these standards, and take corrective action if necessary.
Measuring Performance
The process of evaluating the effectiveness and efficiency of an individual's or organization's work, often involving qualitative and quantitative metrics.
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