Business Studies, asked by ganapo6481, 1 year ago

Define fraud and distinguish it from misre. Discuss their influence on the obligation of parties to contract.

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Answered by Anonymous

A contract cannot be valid or legally binding unless consent is given. Consent, essentially, occurs when two parties mutually agree to form a contract with each other. Consent cannot be given under pressure. If one or both parties provided their consent under duress, the contract will not be legal.

Answered by UrvashiBaliyan

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