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Rescission
The cancellation of a contract, returning all parties involved to their states prior to the contract's execution.
Innocent Representation
A truthful statement or declaration made without the intent to deceive, typically relevant in contracts or negotiations.
Mistake Of Law
An error made by a person in understanding the law as it pertains to their actions or a situation.
Reasonable Reliance
The dependence by one party on the representations or promises of another where such reliance is logically or legally justifiable.
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