A _______________ Company Can Be Defined as an Organization That

question 54

Short Answer

A _______________ company can be defined as an organization that uses telecommunications networks and other information technology to link people, assets, and ideas.

Differentiate between mistakes in contract terms and how they affect contract enforceability.

Recognize the elements required to establish a case of fraud, including reliance and misrepresentation.

Understand the role of physical compulsion and improper threats as forms of duress in contract law.

Understand and identify various forms of misrepresentations and their requirements for relief.

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Definitions:

Civil Liberties

Individual rights protected by law from unjust governmental or other interference.

Great Depression

A severe worldwide economic depression that took place during the 1930s, notable for its duration, widespread poverty, and impact on global economies.

Flappers

Young women of the 1920s whose rebellion against prewar standards of femininity included wearing shorter dresses, bobbing their hair, dancing to jazz music, driving cars, smoking cigarettes, and indulging in illegal drinking and gambling.

Smoot-Hawley Tariff

A U.S. law enacted in 1930 that raised import tariffs on thousands of products, contributing to the severity of the Great Depression by restricting international trade.