Examlex
of the most serious risks of high growth markets is the fact that the number of competitors attracted is likely to be high.
Unilateral Mistake
An error made by one party in a contract, which may not automatically void the contract unless certain criteria are met.
Material Term
An essential clause or provision in a contract that significantly affects the rights and obligations of the parties involved.
Fraudulent Misrepresentation
A false statement made knowingly or recklessly with the intent to deceive and induce another to part with something of value or to surrender a legal right.
Deceit
A tort that arises when a party suffers damage by acting upon a false representation made by a party with the intention of deceiving the other.
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