Examlex
If a student must perform certain services for the educational institution e.g.,graduate assistantships) ,the amount paid for services is considered:
Voidable
A term referring to a legal agreement or transaction that is valid but may be annulled by one of the parties involved.
Mutual Mistake
A situation in a contract where all parties have a shared misunderstanding regarding a fundamental fact or factor in the agreement.
Fraudulent Misrepresentation
A false statement made knowingly or recklessly with the intent to deceive, leading another to enter into an agreement or suffer a loss.
Material Fact
A fact that is significant or essential to the matter at hand, and could influence the outcome of a legal decision if known.
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