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Under Contract Law, the Deceived Party Can Elect Either to Affirm

question 16

True/False

Under contract law, the deceived party can elect either to affirm and enforce the contract despite the misrepresentation or to disaffirm the contract and seek rescission.


Definitions:

Research

The process whereby scientists observe events, look for patterns, and evaluate theories proposed to explain those patterns.

Third Variable Problem

The possibility that two variables may be correlated but do not exert a causal influence on one another; rather, both are caused by some additional variable.

Mutual Association

A relationship between two or more entities where both or all parties benefit or influence each other.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together. A positive correlation indicates that as one variable increases, so does the other.

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