Examlex
A situation that arises when all alternative choices or behaviors have been deemed undesirable because of the potentially negative ethical consequences, making it difficult to distinguish right from wrong, is considered:
Concealment
The active hiding of the truth about a material fact.
Material Fact
A fact that is significant or essential to the issue or matter at hand, especially in the context of contracts or litigation.
Mistake Of Fact
An error made regarding a fact that is material to a contract, which can affect the validity of the contract if the mistaken belief was a basis for its formation.
Peerless Case
The Peerless case, formally known as Raffles v Wichelhaus, is a leading English contract law case that established the doctrine of mutual mistake when both parties of a contract are mistaken about an essential term of the contract.
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