GENB 4350 ch 8

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Author:
dariusnavy
ID:
161712
Filename:
GENB 4350 ch 8
Updated:
2012-07-09 09:50:22
Tags:
GENB 4350
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Description:
GENB 4350 ch 8
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  1. the intentional misstatement of nondisclosure of a material fact made by one party with the hope of influencing the other party
    fraud
  2. a gerneal expression of opinion, typically in a sales context, that is used to persuade a prospective purchaser to buy. It does not constitute a misrepresentation of material text
    puffing
  3. a misstatement of a material fact that results in the inducing of another to enter into an agreement to his or her injury
    misrepresentation
  4. a belief that is not in accord with the facts
    mistake
  5. the improper use of excessive pressure by the member of a confidential relationship to convince the weaker party to enter into a contract that greatly benefits  the dominant party
    undue influence
  6. the act of applying unlawful or improper pressure or influence to a person to gain his or her agreement to a contract
    duress
  7. a contract drawn by one party that must be accepted  as is on a take-it-or-leave-it basis
    contract adhesion
  8. a contract that is so one-sided that it is oppressive and gives unfair advantage to one of the parties
    unconscionable contract

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