Instructions: Identify the Following Terms

question 21

Short Answer

Instructions: Identify the following terms.
Songhai

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Definitions:

Fraudulent Misrepresentation

A false statement made knowingly or recklessly with the intent to deceive, leading to a contract or transaction.

Misrepresentation

Misrepresentation refers to a false statement of fact made by one party to another, which induces that other party into entering a contract.

Undue Influence

A situation where an individual is persuaded or coerced in a way that disrupts their free will, often leading to unfair agreements.

Non Est Factum

A defense in contract law that allows a person to avoid liability because they were mistaken about the nature of the document signed, not merely its contents.