Which of the following statements is true of fraud in the inducement?
A) It occurs when a party intends to make a contract based on a false statement of terms.
B) It refers to a defrauded party not signing a contract if the nature of writing cannot be understood.
C) It refers to a party forced to sign a contract under duress.
D) It takes place when a party unintentionally signs a contract after being misguided by another.
Correct Answer:
Verified
Q10: When a mistake occurs, the parties may
Q10: When one party wrongly threatens to injure
Q11: When can a person rescind a contract?
Q13: Economic duress occurs when:
A) one party offers
Q15: A false statement made in the belief
Q15: A false statement made in the belief
Q17: Which of the following is true regarding
Q19: If an unilateral mistake regarding price results
Q19: Mark, a civil engineer, entered into a
Q20: As a general rule, a unilateral
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