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How does an egocentric bias play out in judgments about fairness?
Misrepresentation
A false statement of fact made by one party to another, which induces the latter to enter into a contract or agreement.
Expert
An individual with specialized knowledge or skills in a particular area, often called upon to give opinions or advice.
Rescission
The legal cancellation of a contract, which may release all involved parties from their contractual obligations.
Damages
Monetary compensation awarded by a court to a party who has suffered loss or harm due to the wrongful act or negligence of another.
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