Examlex
Which of the following is the order of tasks when evaluating AIS Investments?
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.
Material Fact
Information that is significant enough to influence a decision, especially pertinent in contract and disclosure laws.
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