SC
Not only will you pay for the damages, but I will also take 25% of your wealth
punitive damages
Roof doesn't leak...later that night the roof leaks - what type of disclosure is this
true statement made by false subsequent events
LTHS campuses are how many miles a part
1.5 miles
unfair and improper persuasive pressure exercised by 1 person in a relationship
undue influence
this has no legal effect
void
I chose to ratify the contract, which allowed me to seek damages for the loss created by fraud
compensatory damages
I only rode my bike 1x a week...(Not included: but it was to race) is what type of disclosure
omit important information
mistake was about value of property, contract would be valid
identify of subject matter
act of violence, or a threat, observe to report a crime, threat to sue, or economic threats
duress
injured party may void if they wish or remain in contract
voidable
Misrepresentation that is intentional and reckless in order to injure
fraud
can the innocent party have a voidable contract with fraud misrepresentation
yes you know it
Ignorance of the law is not an excuse and everyone should know it
mistake about applicable law
duress, undue influence, mistake, misrepresentation, and fraud are grounds for
avoidance due to lack of assent
A form of occupational fraud where an employee steals or misappropriates funds from their employer. What is this specific type of fraud called?
embezzlement
When you consult an expert car salesmen to purchase a car and it turns out to have an incorrect odometer
reasonable reliance
both parties have incorrect belief about a material fact
bilateral mistake
if undue influence and assent occurs, contracts are
voidable
this confirms intent to be bound by contract
ratification
To assist the FBI in tracking and responding to cybercrimes, one should report cybercrime to which agency
Internet Crime Complaint Center
DAILY DOUBLE:
What's word represents an important fact
material
didn't understand contract, didn't read it, carelessly, language too technical
unilateral mistake
name the 3 things that are included in undue influence
poor health, mental immaturity, old age
you have the right to get back back what you gave
rescission
Name a common type of fraud involving the unauthorized use of someone else's personal information, such as a Social Security number or credit card details
identity theft
DAILY DOUBLE