Examlex
International "watchdog" organizations will often engage in which of the following activities?
Statute of Frauds
A legal concept that requires certain types of contracts to be in writing and signed by the parties involved to be enforceable.
Orally Agree
To come to a mutual decision or arrangement through spoken words rather than written documents.
Contract Rescission
The legal act of canceling a contract and returning the parties involved to their positions before the contract was signed.
Mistake Of Value
A legal concept referring to an error made by one or both parties at the time of contract formation, concerning the value of the goods or services to be exchanged.
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