Examlex
Use fundamental identities to simplify the expression below and then determine which of the following is not equivalent.
Misrepresentation
A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.
Rejection
The refusal to accept an offer or proposal, in the context of contracts, it is the refusal to agree to the terms.
Valid
A term applied to a contract that includes all four elements of a contract: agreement (offer and acceptance), consideration, contractual capacity, and legal object.
Time Condition
A stipulation in a contract or agreement that specifies a period or deadline by which certain actions must be performed.
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