Examlex
The nature of a loss resulting from a contract breach may be such as to entitle one party to a choice among two or more means to redress the grievance, where the choices are mutually exclusive. This is known as _____.
Material Representations
Statements or assertions of fact that significantly influence the decision-making of another party in a legal agreement.
Innocent Misrepresentations
False statements made without fault regarding a material fact that induce someone into a contract.
Punitive Damages
are monetary compensations awarded in a lawsuit as a punishment to the defendant and to deter future similar acts.
Fraud
A deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.
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