1) If both panics are mistaken about a material fact, the mutual mistake does not void the contract.

2) For fraudulent misrepresentation to be the basis for a contract rescission, the statement of fact must be an actual assertion.

3) The statute of frauds includes in its scope contracts related to an interest in land.

4) All panics to a contract must sign the writing in order for the statute of frauds to be satisfied.

Answer rating: 100% (QA)

1 The given statement is FALSE as any mistake in material fact will void the co... View the full answer