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Explain and give an example of attribution theory.
Material Effect
An impact significant enough to influence a decision, action, or the outcome of a situation, often used in legal and financial contexts.
Misrepresentation
The act of providing false, misleading, or inaccurate information with the intent to deceive or mislead.
Mistake
In legal terms, an erroneous belief, at contracting, that certain facts are true.
Fraudulent Misrepresentation
The act of intentionally making false statements to induce another party into a contract, resulting in harm or loss.
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