A voluntary choice of perfectly legitimate alternatives may in some instances constitute economic duress
a. True
b. False
Indicate whether the statement is true or false
False
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On September 1, Dondra purchased $9,500 of inventory items on credit with the terms 1/15, net 30, FOB destination. Freight charges were $200. Payment for the purchase was made on September 18. Assuming Dondra uses the perpetual inventory system and the net method of accounting for purchase discounts, what amount is recorded on September 1 as accounts payable from this purchase?
A) $9,700 B) $9,605 C) $9,500 D) $9,405
Which of the following is generally NOT a defense to a claim against a manufacturer under 402A?
a. Contributory negligence on the part of the plaintiff. b. Express voluntary assumption of the risk. c. Misuse or abuse of the product. d. Subsequent alteration of the product by the plaintiff.