A Surety May Not Raise the Defense of Mistake Because

question 8

True/False

A surety may not raise the defense of mistake because it is not an ordinary contract defense.

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Definitions:

Breach

A violation or infringement of a legal obligation, contract, or law.

Employment Contract

A legal agreement between an employer and an employee that outlines the terms and conditions of employment.

Duty Of Loyalty

An obligation for individuals in certain roles to act in the best interest of another person or entity, typically within a fiduciary relationship.

Duty Of Care

An obligation to ensure the safety or well-being of others through a reasonable level of attention and caution.