Examlex
The number of shares that a corporation's charter allows it to sell is the ________ stock.
Misrepresentation
A false statement or misleading omission made by one party that induces another to enter into a contract.
Threat of Violence
The expression of an intention to inflict pain, injury, damage, or other hostile action on someone in an effort to intimidate or coerce.
Innocent Misrepresentation
A false statement made during a contract negotiation that was believed to be true by the person making it, affecting the other party's decision to enter the contract.
Remedy of Rescission
A legal remedy that voids a contract, returning the parties to their positions prior to the agreement, typically used in cases of misrepresentation or fraud.
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