Examlex
Which of the following adds to the creation of a global culture?
Contract Rescission
The legal cancellation or termination of a contract, returning all parties to their positions prior to the agreement.
Equitable Remedy
A remedy granted by courts in situations where money damages are inadequate, involving actions like injunctions or specific performance.
Mistake
An erroneous belief about the facts of a contract at the time the contract is concluded. When a mistake occurs, legal assent is absent.
Material Effect
A significant impact or change on a company's operations, financial condition, or future prospects.
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