Fraud can be used to void a contract and as a basis for intentional tort. What is

Question:

Fraud can be used to void a contract and as a basis for intentional tort. What is the advantage to a plaintiff of suing for the tort of fraud as opposed to using fraud merely as a contractual defense?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

The Legal And Regulatory Environment Of Business

ISBN: 9781260734287

19th Edition

Authors: Marisa Pagnattaro, Daniel Cahoy, Julie Manning Magid, Peter Shedd

See More Books

Question Posted: Jul 14, 2023 08:29 AM

See More Questions

Plaintiffs James and Heidi Glassford, who brought suit to obtain compensation for an allegedly negligent home inspection, appeal the superior courts order granting summary judgment in favor of the...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
1. Give your opinion as to whether or not additional laws and harsher penalties on financial fraud can eliminate or mitigate financial fraud. Support the rationale. 2. Suggest three (3) new...
Two forces are acting on the 5 kg object, with only one of them shown in Fig. 1. Knowing that F = 20 N, 0 = 30 and that the object is moving at a constant acceleration of a = 12 m/s, find the second...
Determine whether the firm reports each of the following items as part of cash and cash equivalents in the balance sheet. Cash or Cash Equivalent? Item (yes/no)____________ 1. Currency ______________...
Recall the data we saw in Chapter 6, exercise 3 for a bookstore. The manager wants to predict Sales from Number of Sales People Working. a) Find the slope estimate, b1. b) What does it mean, in this...
Use the information in the adjusted trial balance reported in Exercise 4-4 to compute the current ratio as of the balance sheet date (round the ratio to two decimals). Interpret the current ratio for...
What does the early evidence on the ability of behavioral investing to enhance performance tell us?
I need it urgently. Thank you very much Question 14 ( 2 points) Parent Corp. (PC) and its subsidiaries operate several chains of restaurants and catering companies across Canada. PC owns 70% of one...
You are to prepare a tax return using the following information. You will need to use Form 1040, Schedule B if applicable, you determine. John, age 53, (social security number 554-78-4556) is single...
In litigation, who usually determines if the defendants behavior is unreasonable?
Acme Airlines attempts to get control of Free Fall Airways by making a public offer to buy its stock from shareholders. Free Falls president, Joan, advises the shareholders in a letter that Acmes...
How well did Albanese manage the pricing and purchasing changes at Sunflower? Were the changes implemented successfully? How would you find this out?
Plains Wars United States history
A company purchased merchandise inventory costing $15,000 with credit terms of 2/10, n/30 on November 7. On November 15, the company paid 1/3 of the amount due. The remaining balance was paid on...
QUESTION 9 HC-O-C-R R-C-O-CH HC-O-P-O-CH-CH-NH3* O || O a. Phosphatidic acid, Serine O b. Lysophosphatidic acid, Serine, Free FA O c. Lysophosphatidylserine, Free FA O d. 2 Free FAs, Serine, Glycerol...
W.J. Howey Company and Howey-in-the-Hills Service Inc. are Florida corporations under common control and management. Howey Company offers to sell to the public its orange grove, tree by tree....
What are the dollar amounts related to fines and what are the number of years related to prison terms for those that violate the Securities Act of 1934?
(a) What is the purpose of the PSLRA? (b) List four ways Congress accomplishes this purpose.
September 1 . Purchased a new truck for $ 8 3 , 0 0 0 , paying cash. September 4 . Sold the truck purchased January 9 , Year 2 , for $ 5 3 , 6 0 0 . ( Record depreciation to date for Year 3 for the...
Find the NPV for the following project if the firm's WACC is 8%. Make sure to include the negative in your answer if you calculate a negative. it DOES matter for NPV answers
What is the value of a 10-year, $1,000 par value bond with a 12% annual coupon if its required return is 11%?

Fraud can be used to void a contract and as a basis for intentional tort. What is

Question:

Step by Step Answer:

In suing for the tort o...View the full answer

The Legal And Regulatory Environment Of Business

Students also viewed these Business questions