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Sheena knowingly and falsely tells Jenn that an automobile she is trying to sell has never been in a flood. In reliance upon Sheena's statement, Jenn buys the car. Sheena is liable to Jenn for fraudulent misrepresentation.
Legal Partnership
A business structure where two or more individuals manage and operate a business in accordance with the laws and regulations, sharing profits and liabilities.
Public-Private Partnership
A cooperative arrangement between one or more public sectors and private sectors, aimed at funding, designing, implementing, and operating services or infrastructure.
Joint Application
A request or submission made by two or more parties together, often seen in financial or legal contexts, such as loan applications or patents.
Joint Property
Property owned by two or more parties under joint tenancy, tenancy in common, or other arrangement where ownership is shared.
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