A fact that is important to the subject matter of a contract is called a(n)_________ fact.

Name: A fact that is important to the subject matter of a contract is called a(n)_________ fact.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

A material fact in the context of a contract refers to a fact that is significant or essential to the subject matter of the contract. It is a fact that, if known, could influence a party's decision to enter into the contract or the terms of the contract itself.

A Fact That Is Important to the Subject Matter of a Contract