Examlex

Solved

Contracts That Do Not Arise from Mutual Agreement but Are

question 30

Multiple Choice

Contracts that do not arise from mutual agreement but are created by courts to avoid unjust enrichment are:


Definitions:

Rescission

The act of canceling a contract and returning all parties involved to their pre-contractual state, often due to fraud or mistake.

Contract

A legally binding agreement between two or more parties that outlines rights and duties each party is obliged to fulfill.

Duress

A condition wherein a person performs an act as a result of violence, threat, or other pressure against the person.

Non-lawyer

An individual who is not licensed to practice law or offer legal advice.

Related Questions