Examlex
A union that consists of members who are all skilled specialists in a particular trade is called an industrial guild.
Fraudulent Misrepresentation
A false statement made knowingly or recklessly with the intent to deceive and induce another to part with something of value or to surrender a legal right.
Deceit
A tort that arises when a party suffers damage by acting upon a false representation made by a party with the intention of deceiving the other.
Valid Contract
An agreement between two parties that is recognized by law and is enforceable by the legal system.
Undue Influence
A state of affairs whereby a person is so influenced by another that the person’s judgment is not his or her own.
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