A Material Fact Is a Fact That Is Important to the Subject

question 17

True/False

A material fact is a fact that is important to the subject matter of a contract.

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Definitions:

Self-reference Effect

The phenomenon where individuals are more likely to remember information that is personally relevant or related to themselves.

Memory Facilitation

The enhancement of memory performance through various techniques or interventions.

Locus of Control Effect

The impact of an individual's belief system regarding the extent to which they have control over the events in their life.

Independence Schema

A cognitive framework centered on self-sufficiency and the ability to function independently from others.