Often a Party to a Contract Wants to Avoid His

question 22

Multiple Choice

Often a party to a contract wants to avoid his obligations by arguing that the contract was entered into because of a mistake,misrepresentation,undue influence,or duress.Which of the following is true with regard to these areas of the law?

• A) A buyer could not be awarded the equitable remedy of rescission if the seller honestly believed that his misrepresentation, which persuaded the buyer to buy, was true.
• B) If a seller persuades a person to buy something by a innocent misrepresentation, the buyer could ask for rescission and damages for the tort of deceit.
• C) A person can successfully argue non est factum and avoid his obligations under a contract only if he was misled about the very nature of the document and was not careless.
• D) Independent legal advice given to a person is good evidence of undue influence.
• E) Where, a written document embodies the the original oral agreement, a party to the contract could ask the court for the equitable remedy of rectification.

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Definitions:

Marketing Mix

The blend of product, price, place (distribution), and promotion strategies used by a business to market its products or services effectively.

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Marketing Mix

Denotes the collection of strategies or maneuvers utilized by a company to elevate its brand or product presence in the marketplace, typically embodied by the 4Ps: Product, Price, Place, and Promotion.