The Law Permits Rescission of Some Contracts Made in Mistake

question 160

True/False

The law permits rescission of some contracts made in mistake.

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Definitions:

Business Decisions

Choices or determinations made by businesses in the course of their operations to achieve objectives, solving problems or making strategic plans.

Group-based Reward System

A compensation strategy where rewards are based on the performance of a group rather than individual achievements.

Team Work

The joint work of a team to accomplish a shared objective or finish a task in the most productive and efficient manner.

Organisational Goals

Objectives set by an organization that guide its operations, strategy, and decision-making processes.