Examlex
Which of the following countries is a part of the free trade group Mercosur?
Misrepresentation Liability
Legal accountability that arises when one party provides false information during a contract or negotiation, leading to harm or loss to another.
Vicarious Liability
A legal principle that holds an individual or entity responsible for the actions of another person, usually within the context of an employment relationship.
Operation of Law
A situation where rights or responsibilities are transferred without the direct action of the parties, often through the effect of legal statutes or regulations.
Lapse of Time
Lapse of time refers to the expiration or running out of an established period, often resulting in the termination of a right or offer due to inaction within the specified timeframe.
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