BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A big difference in economic value of what one give and receives may be evidence of
A
duress
B
mutual mistake
C
fruad
D
all of these
Explanation: 

Detailed explanation-1: -Market value is the price of something, such as an asset that’s determined by the supply and demand of the asset in the marketplace. The economic value represents the maximum amount a customer is willing to pay for something.

Detailed explanation-2: -Economics is divided into two categories: microeconomics and macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the decisions of countries and governments.

Detailed explanation-3: -Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively. The two branches of economics are microeconomics and macroeconomics. Economics focuses on efficiency in production and exchange.

There is 1 question to complete.