Examlex

Solved

A Situation That Arises When All Alternative Choices or Behaviors

question 139

Multiple Choice

A situation that arises when all alternative choices or behaviors have been deemed undesirable because of the potentially negative ethical consequences, making it difficult to distinguish right from wrong, is considered:


Definitions:

Concealment

The active hiding of the truth about a material fact.

Material Fact

A fact that is significant or essential to the issue or matter at hand, especially in the context of contracts or litigation.

Mistake Of Fact

An error made regarding a fact that is material to a contract, which can affect the validity of the contract if the mistaken belief was a basis for its formation.

Peerless Case

The Peerless case, formally known as Raffles v Wichelhaus, is a leading English contract law case that established the doctrine of mutual mistake when both parties of a contract are mistaken about an essential term of the contract.

Related Questions