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Figure 15.4
Using Figure 15.4, match the following:
-Stapes.
Misrepresentation
A false statement of fact made by one party to another party, which has the effect of inducing that party into a contract.
Undue Influence
The situation in which one person has taken advantage of his or her dominant position in a relationship to persuade the other person unduly to the extent that the dominant person’s persuasive efforts have interfered with the other person’s ability to make his or her own decision.
Fraudulent Misrepresentation
An intentional false statement of a material fact made by one party to induce another party to enter into a contract.
Duress
Any unlawful act or threat exercised on a person whereby the person is forced to enter into an agreement or to perform some other act against his or her will.
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