Examlex
Goods and services are totally distinct from each other.
Mutual Mistake
A misunderstanding or error shared by all parties to a contract about a fundamental fact that is central to the contract, potentially voiding the agreement.
Basic Assumption
A fundamental belief or premise that is accepted as true without proof.
Genuine Assent
An agreement to enter into a contract that is not clouded by factors such as fraud, duress, undue influence, or mistake.
Factual Capacity
The ability of an individual to comprehend facts and circumstances that impact legal responsibilities or rights.
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