Which of the Following Is False Regarding Rescinding a Contract

question 1

Multiple Choice

Which of the following is false 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 in regard to rescinding a contract for mistake, violence, intimidation, undue influence, or fraud is typical to that of the U.S.

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Definitions:

SA Node

The sinoatrial node, a group of cells in the right atrium of the heart that sets the pace for the heart rate by generating electrical impulses.

Spontaneous Depolarization

The self-initiated transition of a cell's membrane potential to a less negative value.

Cardiac Electrical Impulse

The electrical signals that stimulate the heart to contract, crucial for maintaining a consistent heart rhythm.

SA Node

Sinoatrial node, the heart’s natural pacemaker, located in the right atrium, responsible for setting the rate of heart beats by sending out electrical impulses.