Explain how and why fraudulent misrepresentation invalidates a contract
Prepare a 2- to 3-page document explaining some advanced contractual principles beyond formation.You will need to address the following items in your essay…(1) Explain how and why fraudulent misrepresentation invalidates a contract. (Note that “fraudulent misrepresentation” is different than the “statute of frauds” which is not a topic in this paper)(2) Discuss (a) undue influence and (b) duress, both of which can arise in the business context. Be sure to give an example of each.(3) Describe some of the different types of (1) damages available in contract cases and (2) equitable remedies available in contract cases(4) Explain the common law doctrine known as “election of remedies”As always, please make sure your spelling, punctuation, and grammar are correct; please make sure to reference your sources in APA format. Include all in text citations as well.