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Which Test Do I Use? You should decide which test of significance to use
Genuineness Of Assent
Knowing and voluntary assent to the terms of a contract. If a contract is formed as a result of mistake, misrepresentation, undue influence, or duress, genuineness of assent is lacking, and the contract will be voidable.
Fraudulent Misrepresentation
Any misrepresentation, either by misstatement or omission of a material fact, knowingly made with the intention of deceiving another and on which a reasonable person would and does rely to his or her detriment.
Undue Influence
Undue Influence is a legal term referring to a situation in which an individual is able to persuade another’s decisions due to the relationship between the two parties.
Mistake Of Value
A misunderstanding about the importance or worth of something, often considered in legal contexts regarding contracts.
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