Which of the following need NOT be proved in order to establish the defense of economic duress?

A) That one side involuntarily accepted the terms of another.
B) That circumstances permitted no other alternative.
C) That one party explicitly made an economic threat.
D) That the circumstances leading up to the contract were the result of coercive threats or acts of the opposite party.


C

Business

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Some retailers advertise items at very low prices or even below cost just to get customers into the store. This ________ strategy is prohibited in some states

A) bait-and-switch B) price lining C) predatory pricing D) loss leader pricing E) dynamic pricing

Business

Which of the following statements is CORRECT?

A. If an investor buys enough stocks, he or she can, through diversification, eliminate all of the diversifiable risk inherent in owning stocks. Therefore, if a portfolio contained all publicly traded stocks, it would be essentially riskless. B. The required return on a firm's common stock is, in theory, determined solely by its market risk. If the market risk is known, and if that risk is expected to remain constant, then no other information is required to specify the firm's required return. C. Portfolio diversification reduces the variability of returns (as measured by the standard deviation) of each individual stock held in a portfolio. D. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock. E. A stock's beta is less relevant as a measure of risk to an investor with a well-diversified portfolio than to an investor who holds only that one stock.

Business

A mail-order retailer found that its percent of loyal customers (those ordering $100 or more of merchandise in two consecutive years) has declined from 15 percent to 8 percent. Which form of marketing research was the retailer utilizing?

a. a retail information system b. simulation c. an experiment d. observation

Business

According to the steps involved in formulating a total compensation strategy, which of the following is the step that follows the assessment of total compensation implications?

A. implementing cultural and regulatory changes B. realigning as conditions change C. implementing strategy D. reassessing the fit E. mapping a total compensation strategy

Business