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Unformatted text preview: contract. Fraudulent Misrepresentation When an innocent party is fraudulently induced to enter a contract. Scienter-knowledge of the misrepresenting party that facts have been falsely represented (also known as guilty knowledge) Undue Influence Arises when one party can greatly influence another party, thus overcoming that partys free will. Duress When one of the parties is forced into an agreement. Adhesion Contracts and Unconsciounability Adhesion contracts-contracts that are presented on a Take-it-or-leave it basis. Standard-form contracts-contain fine print provisions that shift risk from one party to another....
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This note was uploaded on 11/18/2010 for the course MGMT 108 taught by Professor Guerin during the Spring '08 term at UCLA.
- Spring '08
- Business Law