Examlex
We come to know ourselves in part by looking at others and evaluating our abilities and opinions in light of those others. This process is known as
Material Misrepresentation
A false statement or omission of fact that significantly affects a party's decision-making in a transaction.
Voidable
A legal term for a contract or transaction that, while valid, may be annulled or rescinded by one of the parties due to certain conditions such as fraud, duress, or mistake.
Mutual Assent
An agreement between two or more parties manifested by an offer and acceptance, which forms the basis of a contract.
Legality
Conformity with the law or adherence to lawful requirements.
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