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8 Cards in this Set
- Front
- Back
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fraud
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the intentional misstatement or nondisclosure of a material (essential) fact made by one party in an attempt to influence the actions of another party
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puffing
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a general expression of opinion, typically in a sales context, that is used to persuade a prospective purchaser to buy. its does not constitute a misrepresentation of material text
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misrepresentation
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a misstatement of a material fact that results in inducing another to enter into an agreement to his or her injury
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mistake
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a belief that is not in accord with the facts
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undue influence
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the improper use of excessive pressure by the dominant member of a confidential relationship to convince the weaker party to enter a contract that greatly benefits the dominant party
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duress
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the act of applying unlawful or improper pressure or influence to a person to gain his or her agreement to a contract
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contract of adhesion
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a contract drawn by one party that must be accepted as is on a take-it-or-leave-it basis
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unconscionable contract
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a contract that is so one-sided that it is oppressive and gives unfair advantage to one of the parties
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