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Benton Is Filling Out an Application for a Mortgage

question 121

Multiple Choice

Benton is filling out an application for a mortgage. On the application, Benton is asked to give his former address. To Benton's surprise, he cannot recall his last address. The only address that comes to mind is his current one. Benton appears to be experiencing ____.


Definitions:

Common Law

A body of law based on judicial decisions and customs, as opposed to statutory laws.

Void Contract

An agreement that lacks legal validity or is unenforceable by law from the moment it is created, due to reasons such as illegality or incapacity of one party.

Voidable Contract

A valid contract that can be legally voided at the option of one of the parties without penalty.

Quasi-contract

A legal concept that is treated as a contract so that one party is not unjustly enriched at the expense of another, even though no actual contract exists.

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