Many courts allow a third person to rescind a sales contract when the person has relied on a misrepresentation by the agent even though the contract contains an exculpatory clause.

Question

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This is true. Some courts may choose to allow a third person to rescind a sales contract despite the presence of an exculpatory clause if the person relied on a misrepresentation made by the agent.

Many Courts Allow a Third Person to Rescind a Sales