Reality Of Consent

Business / Real Estate / Reality Of Consent: Although a contract may meet all of the basic requirements, it may still be void or voidable, according to the realty of consent, which states that a contract must be entered into as a free and voluntary act of each party, and each party must be able to make a prudent and knowledgeable decision without undue influence. A mistake, misrepresentation, fraud, undue influence or duress would deprive a person of that ability, and if any of these circumstances were present, the contract would be voidable by the injured party. If the other party were to sue for breach, the injured party could use lack of voluntary assent as a defense.

Other Words for Consent

Consent Adjective Synonyms: agree, comply, concur, accede, acquiesce, concede, yield, submit, cede, conform, give in
Consent Verb Synonyms: permit, allow, agree to, give in to, approve, authorize
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Other Words for Reality

Reality Adjective Synonyms: actuality, fact, truth, genuineness, authenticity, entelechy
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Pie Model Of Capital Structure

Business / Finance / Pie Model Of Capital Structure: A model of the debt-equity ratio of the firms, graphically depicted in slices of a pie that represent the value of the firm in the capital markets. MORE

Picked Off

Entertainment / Football / Picked Off: Intercepted. MORE

Pick Off

Entertainment / Baseball / Pick Off: An attempt by the pitcher to get a base runner out by throwing to the base from the stretch position. MORE

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