Legally binding and enforceable

Important

facts that influence decisions about a contract.

Statements made that the seller is

unaware are untrue.

The misrepresentation with the two additional elements of the misrepresentation must be intentional or reckless and the misrepresentation or concealment must injure.

If

the injured party desires, that party can cancel the contract.

The seller knows the statement is

untrue.

True

and complete agreement.

When both parties have an incorrect belief about an important fact or the law related to the contract.

When one party holds an incorrect belief about facts or laws related to the contract.

When one party uses an improper threat or act to obtain an expression of agreement.

When the dominating party to a confidential relationship exerts irresistible pressure on the dominated party to enter into a contract.