Examlex
Which of the following statements is true of the FLSA requirements for overtime pay?
Innocent Misrepresentation
A false statement made without knowledge of its falsehood, but without intention to deceive, often leading to an altered contract or agreement.
Unilateral Mistake
A contract law concept where one party is mistaken about a basic assumption on which a contract is based, but the other party is not.
Fraudulent Misrepresentation
A false statement made knowingly or recklessly with the intent to deceive, resulting in harm to the victim.
Franchise Agreement
A legal contract in which a franchisor grants the right to operate a business using its brand, system, and support to a franchisee in return for fees.
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