Voluntary Consent Can Be Used as a Defense to the Enforceability

question 43

True/False

Voluntary consent can be used as a defense to the enforceability of a contract if the consent is lacking because of a mistake.

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Definitions:

Consumers

Individuals or households that purchase goods and services for personal use.

Services

Intangible products such as healthcare, education, and financial advising that are consumed at the point of delivery and do not result in ownership of physical goods.

Supply

The total amount of a specific good or service that is available to consumers, often influenced by price levels.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various price points within a certain period.