Examlex
Which of the following is the second step in conducting error pattern analysis?
Unilateral Mistake
A legal term describing a situation where only one party to a contract is mistaken about a basic assumption on which the contract is based.
Innocent Misrepresentation
A false statement made without knowledge of its falsity, not intended to deceive, which can lead to a contract being voided if relied upon by the other party.
Rescission
The legal remedy of canceling, terminating, or annulling a contract and restoring the parties to their original positions as if the contract had never been made.
Compensatory Damages
Financial compensation awarded to a plaintiff to cover losses or injuries that have been directly caused by the actions of the defendant.
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