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Lack of Consideration
A situation in contract law where there is an absence of a promise, act, or value exchange, rendering the contract unenforceable.
Fraud in the Inducement
A type of fraud involving false representations that lead another to enter into an agreement or transaction.
Breach of Contract
The violation of any agreed-upon terms and conditions in a binding contract.
Stops Payment
A banking term describing the act of a check writer instructing their bank to not honor a specific check that they have written.
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