Examlex
The photography department in a department store experienced the following revenue and expenses during October: The photography departmental gross profit is:
Innocent Misrepresentation
A false statement made by someone who believed it to be true, leading another party to enter into a contract.
Misrepresentation
Misrepresentation is the providing of false or misleading information that induces another party to enter into a contract, potentially leading to legal consequences.
Duress
Duress refers to a situation where a person performs an act as a result of violence, threat, or other pressures against them, which can invalidate any agreement made under such conditions.
Non Est Factum
A legal defense claiming a signed agreement is invalid because the signer was unaware of its true nature due to a mistake or misrepresentation.
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