Multiple Choice
Winona enters into a contract with Peyton to buy Peyton's land based on Peyton's assertion that the land is legally open to development. After the sale,Winona learns what Peyton knew previously-only a small section of the land can be built on. A local law prohibits construction on the rest of the property. Winona can
A) not avoid the contract because persons are assumed to know the law.
B) avoid the contract due to a mutual mistake.
C) avoid the contract due to a mistake in value.
D) avoid the contract due to fraud.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Kari,a real estate agent,assures Linc that a
Q7: Digital Storage,Inc.,offers to sell provide cloud-computing services
Q9: Creighton applies to BigData Corporation for a
Q9: When both parties to a contract are
Q11: For a party to a contract to
Q15: Dixon agrees to sell to Elmore,for $1,500,a
Q26: Misrepresentation of law ordinarily entitles a party
Q27: Voluntary consent may be lacking because of
Q30: Courts typically set aside contracts because a
Q57: When the dominant party in a fiduciary