What elements need to be proved to establish each type of fraud?
Fraud in the inducement requires proof of a false representation of a fact that is material and made with knowledge of its falsity and the intention to deceive and that was justifiably relied on. Fraud in the execution requires a misrepresentation that defrauds a person as to the nature of the contract so that he is unaware of entering into it.
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Successful salespeople always make great negotiators.
Answer the following statement true (T) or false (F)
The president of the United States A) creates federal common law
B) can veto Congressional legislation. C) determines the constitutionality of statutes. D) passes statutes.
A company that attempts to grab a larger market share by doing more functions internally, such as taking direct control of its manufacturing or retailing:
a. is not constrained by the antitrust laws b. is subject to restrictions under the Sherman Act c. is constrained by the Clayton Act from becoming too large d. will be forced by the FTC Act to end certain phases of its activities e. none of the other choices
The chief executive officer (CEO) and other members of the executive staff usually set up the steering committee's schedule and agenda.
Answer the following statement true (T) or false (F)