Identify and State the Historical Significance of the Following

question 89

Short Answer

Identify and state the historical significance of the following:
-Benjamin Franklin

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Definitions:

Odometer

A device used in vehicles to measure the distance traveled.

Commercial Impracticability

A doctrine that excuses the performance of a contract when an unforeseen event makes it excessively burdensome or difficult to carry out as agreed.

Fraudulent Misrepresentation

False statements made knowingly, without belief in their truth, or recklessly, with intent to deceive and induce another to enter into a contract.

Rescind

To revoke, cancel, or annul a contract, making it as if it never existed.