Instructions: Identify the Following Terms

question 75

Short Answer

Instructions: Identify the following terms.
Moche

---

Definitions:

Fraudulent Misrepresentation

A false statement made knowingly, without believing in its truth, or recklessly, with intent to deceive and induce another to act upon it to their detriment.

Compensatory Damages

Financial compensation awarded to a plaintiff to indemnify for loss, detriment, or injury suffered as a result of another's wrongdoing.

Unilateral Mistake

A misunderstanding where one party of a contract is mistaken about a material fact or term of the agreement.

Typographical Error

A mistake made in the typing process, often resulting in incorrect spelling or arrangement of letters.