BLAW 3201 Study Guide - Midterm Guide: Otto E. Neugebauer, Summary Judgment, Sport Utility Vehicle
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The horse"s running time in the last race was the fastest in the circuit. When only one party is mistaken as to a fact or facts of the transaction, it is termed: unilateral mistake. A person is not entitled to relief from fraud, unless she can show that she: justifiably relied on the misrepresentation. Sometimes a party makes misrepresentations, which if untrue, could constitute a material misrepresentation. False representation as to the very nature of the contract. Signing party does not know the character or essential terms of the contract. To establish fraud, the misrepresentation must have been known by the one making it to be false and must be made with an intent to deceive. The law very carefully scrutinizes contracts between those in a relationship of trust and confidence that is likely to permit one party to take unfair advantage of the other. Contracts induced by threats of __________ are not voidable, unlike threats of.
