When a Canadian Company Imports a Product from a Swiss

question 111

True/False

When a Canadian company imports a product from a Swiss company,it has to take into consideration foreign currency exchange rates.

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Definitions:

Mistake Of Fact

A misunderstanding of a fact that is material to a contract, which can render the agreement voidable if the mistake is mutual between both parties.

Legal Assent

The agreement or consent to the terms of a contract, recognizing that all parties understand and accept the conditions as legally binding.

Fraudulent Misrepresentation

A false statement of a material fact made by one party to another party, which has the intent to deceive and induce the other party to enter into a contract.

Disclaimer

A statement that denies something, especially responsibility or a warranty in a contractual context.