Examlex
Which of the following E&E costs would be classified as intangibles?
Unconscionable
Actions or terms in a contract that are so unjust or overwhelmingly one-sided that they shock the conscience or are deemed unfair by law.
Subject to the Equities
A legal principle that means a transaction or property is dependent on or subject to any existing equities or claims against it.
Punitive Damages
Monetary compensation awarded to a plaintiff, over and above actual damages, intended to punish the defendant for particularly harmful behavior.
Fraudulent Misrepresentation
A false statement made knowingly, without belief in its truth, or recklessly, to induce another party to enter into a contract.
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