A Party May Not Rescind a Contract If There Has

question 13

True/False

A party may not rescind a contract if there has been a mutual mistake of a past or existing material fact.

---

Definitions:

Butanal

An aldehyde with the formula C4H8O, characterized by a four-carbon chain terminated by a carbonyl group.

PCC

Pyridinium chlorochromate, a reagent used in organic chemistry for the oxidation of primary alcohols to aldehydes and secondary alcohols to ketones, maintaining the carbon skeleton.

LiCu

Lithium cuprate, a compound used in organic synthesis for coupling reactions.

Organic Product

The compound or compounds resulting from an organic reaction, often characterized by carbon-based structures.