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Figure 1.2
Using the figure above, identify the labeled part.
-Label I: ______________________________
Voidable
Refers to a contract that is valid and enforceable unless challenged and declared void by a party to the contract who is deemed to have been disadvantaged or defrauded.
Fraudulent Misrepresentation
The intentional provision of false statements or concealment of information to deceive or mislead another party.
Objective
A specific goal or aim that is intended to be achieved, often measurable and time-specific.
Voluntary Consent
A term used to describe an individual's freely given agreement or permission, free from any form of duress or coercion.