Smith and Roberson’s Business Law
Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 13, Problem 3CO
Summary Introduction

To explain: Exculpatory agreements, agreements involving public officials and agreements involving the commitment of a tort.

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Compare torts and crimes and describe the purpose of criminal and tort law. Evaluate when a promise is enforceable, the elements of a contract, performance, and the remedies available in the event of breach.
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If one party to a contract uses any form of unfair coercion to induce another party to enter into or modify a contract, the coerced party may avoid the contract on the basis of fraud. True O False
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