Examlex
A defrauded buyer may avoid the contract and recover damages.
Shale Rock
A fine-grained sedimentary rock composed of clay, mineral flakes, and organic matter, known for its ability to store oil and gas.
Mistake Of Value
An error regarding the understanding or assessment of the value of an item or deal, potentially affecting a contract's validity.
Material Facts
Important information that could influence a decision-making process, particularly in legal and financial contexts.
Justifiably Relied
A legal principle where a party has a right to depend on the information or commitment of another, expecting it to be true or honored.
Q7: A buyer with a voidable title cannot
Q8: A seller who makes a written express
Q11: In a sale or return transaction,until the
Q19: If there is a breach of contract,the
Q24: The parol evidence rule does not apply
Q25: Action taken by one on behalf of
Q27: A letter of credit must be in
Q40: Isidro issued a negotiable promissory note to
Q49: The bailor must both inform the bailee
Q52: A contract carrier holds itself out as