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Unilateral Mistake
A situation in contract law where only one party to a contract is mistaken about the terms or conditions contained in the contract agreement.
Contract Term
A specific duration or period during which an agreement is effective and enforceable by law.
Mistake
An error in understanding or judgment that can affect the terms or validity of a contract.
Economic Duress
involves the use of unlawful economic pressure to compel a party to act against their will in entering into a contract, impacting the agreement's voluntariness.
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