Examlex
Key Terms
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Europeanization
Duress
A condition where an individual performs an act as a result of violence, threat, or other pressure against the person, which may render a contract voidable.
Scienter
Knowledge of wrongdoing or fraudulent intent, particularly in the context of securities law, where it refers to a party's knowledge of false or misleading statements.
Rescind
The act of revoking, canceling, or repealing a contract, returning all parties to their state prior to the agreement.
Compensatory Damages
Financial awards given to a plaintiff to compensate for actual losses or harm suffered.
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