Examlex
Decisions that become somewhat automatic because a person's knowledge allows them to recognize and identify a situation and the course of action that needs to be taken are called:
Representation
The act of standing in for or acting on behalf of others, or the presentation of information in a particular manner.
Detrimental Reliance
A legal term describing a situation where an individual suffers harm by relying on a promise or representation made by another.
Rescind
To revoke, cancel, or repeal a contract, agreement, or order.
Estimate of Value
An approximation of something's worth, determined through analysis or professional appraisal techniques.
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