B Law Unit 2 Ch 12 Word Scramble
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Term | Definition |
scienter | Knowledge by a misrepresenting party that material facts have been falsely represented or omitted with an intent to deceive. |
statute of frauds | A state statute that requires certain types of contracts to be in writing to be enforceable. |
collateral promise | A secondary promise to a primary transaction, such as a promise made by one person to pay the debts of another if the latter fails to perform. Normally must be in writing to be enforceable. |
prenuptial agreement | An agreement made before marriage that defines each partner’s ownership rights in the other partner’s property. Prenuptial agreements must be in writing to be enforceable. |
parol evidence rule | A rule of contracts under which a court will not receive into evidence prior or contemporaneous oral statements and agreements that contradict the terms of the parties’ written contract. |
integrated contract | A written contract that constitutes the final expression of the parties’ agreement. Evidence extraneous to the contract that contradicts or alters the meaning of the contract in any way is inadmissible. |
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leighg2011
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