Attorney Geraldine advises her client, Rick, to enter a contract, which ultimately would have benefited Geraldine but not Rick. The test of whether the contract, if entered, is voidable based on undue influence is whether Geraldine's advice would have dominated the thinking of an ordinary, reasonable person rather than whether it dominated Rick's mind or emotions
a. True
b. False
Indicate whether the statement is true or false
False
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Non-value-added activities are made up of activities avoidable in the short-run and activities unavoidable in the short-run due to current technology or production methods
Indicate whether the statement is true or false
An intensive distribution strategy serves well for ________
A) premium cars B) commercial trucks C) private label products D) industrial equipment E) newspapers
A post-closing trial balance contains only asset and liability accounts
Indicate whether the statement is true or false
To initiate a strategic move that allows a firm to open up new and uncontested market space through value innovation, managers must address four key questions when formulating a blue ocean business strategy. These questions focus on
A. increasing cost and increasing perceived customer benefits. B. lowering cost and increasing perceived customer benefits. C. lowering cost and maintaining perceived customer benefits. D. increasing cost and maintaining perceived customer benefits.