The squares at #2 represent the ____ of the ____.
Definitions:
Mistake of Fact
A misunderstanding or incorrect belief regarding a fact that is material to a contract at the time of its formation, potentially rendering the contract voidable.
Non Est Factum
A legal defense in contract law where a person asserts they were mistaken about the fundamental nature of a contract they signed, rendering it void.
Guarantee Indebtedness
An obligation or commitment by one party to assume responsibility for the debt of another if they default.
Statute of Frauds
A legal principle requiring certain types of contracts to be written and signed to be enforceable.
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