Understanding Business and Personal Law

Chapter 6: Genuine Agreements

Chapter Overviews

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When someone makes an offer and another party accepts that offer, a genuine agreement has been made. Sometimes, though, things go wrong and the agreement is considered defective. Several circumstances can create this defective agreement: fraud, misrepresentation, mistake, duress, and undue influence. In this chapter, you will learn how to recognize the elements of defective agreements. By having a clear understanding of them, you can protect yourself and avoid becoming a victim.

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