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Hallucinogenic drugs, such as LSD, function by
Rescission
The act of revoking, cancelling, or annulling a contract, returning all parties involved to their positions prior to the agreement, often due to misrepresentation, fraud, or mutual mistake.
Materiality
The significance of information or an event in influencing decisions or actions based on its potential impact.
Innocent Misrepresentation
A false statement made by one party to another without knowing it was false, which may lead to the rescission of a contract.
Material
Important. In securities law, a fact is material if a reasonable person would consider it important in his decision to purchase shares or to vote shares.
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