A Power of Avoidance Held by a Party May Be

question 63

Multiple Choice

A power of avoidance held by a party may be lost if:

• A) the contract is affirmed.
• B) there are unreasonable delays in exercising the power.
• C) the rights of third parties intervene.
• D) All of these.

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Definitions:

Canadian Dollars

The Canadian dollar is the currency of Canada, often represented by the symbol CAD or simply $.

Lower Terms

Expressing a fraction in its simplest form so that the numerator and denominator are as small as possible.

Ratio

A comparison, by division, of the relative size of two or more quantities.

Proportion

A statement of the equality of two ratios.