Contract frauds

Created by Romsca 

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The ways we can do things.

Unilateral mistake

An error by one of the parties of a contract.

bilateral mistake

both parties make an error on the contract.

fraud

a deliberate deception to secure an unfair or unlawful gain.

rescind

canceling a contract.

material fact

a fact that matters to one of the parties.

concealment

under circumstances individuals can make a false representation.

misrepresentation

an untrue representation of facts.

duress

an overcoming of someones will by threat of force.

economic duress

a threat to business or income.

undue influence

is unfair or improper persuasive pressure by one person in a relationship of trust.

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