Question: If a contract is voidable, the person whose consent was not real may rescind. Group of answer choices True False Flag this Question Question 302

If a contract is voidable, the person whose consent was not real may rescind.

Group of answer choices

True

False

Flag this Question

Question 302 pts

A fiduciary relationship may create a duty to disclose.

Group of answer choices

True

False

Flag this Question

Question 312 pts

When Buster sold his store to Brandy, Buster lied and said that the store was very profitable. Brandy knew that Buster was lying but bought the business anyway. Under these circumstances, Brandy will not have a fraud claim because:

Group of answer choices

the false statement was not actually relied upon.

the false statement was not material.

the false statement was not knowingly made.

the false statement was not a statement of a past or existing fact.

Flag this Question

Question 322 pts

The court is less likely to grant relief in which of the following:

Group of answer choices

a unilateral mistake where the non-mistaken party is aware of the other party' s mistake and says nothing.

a mutual mistake about a fact material to a contract.

a mistake in the drafting of a written contract.

a unilateral mistake where the non-mistaken party did not know or have any reason to know of the mistake.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!