A person who is cheated in business transaction can seek legal remedy

COMMERCE
JAMB 1998

A person who is cheated in business transaction can seek legal remedy

  • A. even if the agreement is verbal and the amount involved is large
  • B. only if the business is a sole proprietorship whose owner is known
  • C. regardless of the form of business organization
  • D. only if the transaction is documented in a contract

Correct Answer: D. only if the transaction is documented in a contract



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