Examlex
Which of these statements about shared assumptions is FALSE?
Improper Threat
A form of coercion that is illegitimate or unethical, used to induce another party to act in a manner they otherwise would not.
Assertion
An assertive declaration of truth or conviction.
Mutual Mistake
A legal concept where both parties involved in a contract have a misunderstanding about an essential fact of the agreement, potentially making the contract voidable.
Fair Market Value
The price at which an asset would exchange hands between a willing buyer and seller, each having reasonable knowledge of the relevant facts, and neither being under compulsion to transact.
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