Examlex
The reasonable person acts like
Silence
The absence of any sound or noise; in legal terms, it can imply consent or agreement in certain contexts if established by prior dealings or agreements.
Arm's Length
A transaction conducted between parties who are independent and on an equal footing, ensuring that no special advantages are given to any of the parties involved due to personal relationships.
Fraud
Intentionally misleading someone to obtain an unjust advantage or to strip someone of their lawful entitlement.
Arm's Length Transaction
A transaction where the buyers and sellers of a product act independently and have no relationship to each other, ensuring that the deal is conducted fairly and without any conflict of interest.
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