Examlex
Which of the following statements is true?
Unilateral Mistake
An error made by one party during the formation of a contract that may affect the enforceability or terms of the agreement.
Mistake Of Fact
A misunderstanding of a fact that is material to a contract, which can render the agreement voidable if the mistake is mutual between both parties.
Legal Assent
The agreement or consent to the terms of a contract, recognizing that all parties understand and accept the conditions as legally binding.
Fraudulent Misrepresentation
A false statement of a material fact made by one party to another party, which has the intent to deceive and induce the other party to enter into a contract.
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