Examlex
When a shark stops swimming, it does which of the following?
1) sinks
2) quickly dies
3) oxygenates its blood less effectively
Duress
Compulsion, force, or pressure applied to someone to coerce them into taking an action against their will or better judgement.
Unilateral Mistake
A situation in contract law where only one party holds an incorrect belief about a basic assumption on which a contract is based, potentially affecting the enforceability of the contract.
Mutual Mistake
A situation in a contract where all parties involved have a common but erroneous belief regarding a vital fact about the contract terms.
Valid Contract
An agreement that meets all legal requirements, including offer, acceptance, consideration, and the intention to create a legal relationship, thereby enforceable by law.
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