Fraud in the Factum Occurs If a Person Is Deceived

question 52

True/False

Fraud in the factum occurs if a person is deceived as to the nature of his or her act and does not know what he or she is signing.

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Definitions:

Part of the Land

An integral component or feature of a piece of real estate that is considered permanently attached to the land and is included in its legal definition.

Right

An interest given and protected by law. In corporation law, an option to purchase shares given to existing shareholders, permitting them to buy quantities of newly issued securities in proportion to their current ownership.

Easement by Prescription

A legal right to use another's land for a specific purpose, acquired through continuous use over a period as defined by law without the owner’s explicit permission.

Openly

In a manner that is not secretive or hidden; conducting actions in a visible and public way, often implying transparency or honesty.