Which of the Following Is an Incorrect Statement Regarding Rescinding

question 72

Multiple Choice

Which of the following is an incorrect statement regarding rescinding a contract in the Philippines?

• A)If consent is given through mistake,violence,intimidation,undue influence,or fraud,contracts are valid until they are annulled.
• B)The period in which to annul a contract for mistake,violence,intimidation,undue influence,or fraud is four years.
• C)In cases of intimidation,violence,or undue influence,the time period for annulling a contract is measured from the time the defect in the assent ceases.
• D)In cases of mistake or fraud,the time period for annulling a contract is measured from the time of the discovery of the defect.
• E)The law of the Philippines regarding contract rescission for mistake,violence,intimidation,undue influence,or fraud is the same as United States law.

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Definitions:

Christian Saint

A person recognized by the Christian Church for their exceptional piety, virtue, or martyrdom, often venerated and invoked in religious practices.

Cross-inscribed

Marked with a cross symbol, often found in religious contexts or as decoration on various objects and architectural elements.

Sant'Apollinare Nuovo

An early Christian basilica in Ravenna, Italy, known for its rich collection of Byzantine mosaics dating back to the 6th century.

Mosaics

Artworks created by assembling small pieces of colored glass, stone, or other materials to create pictures or patterns, often used in decorative flooring or walls.