Examlex
Which of the following needs to be numbered?
Intentional Misrepresentation
is the act of knowingly providing false information with the intent to deceive or mislead another party, often resulting in legal consequences.
Rescission
The act of revoking, canceling, or annulling a contract, returning the parties to their positions prior to the contract's execution.
Damages
A monetary compensation awarded by a court to indemnify someone who has suffered loss or injury due to the unlawful act or negligence of another.
Privity of Contract
The rule that only the individuals or entities who are parties to a contract can have rights or duties imposed by the contract itself.
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