In the Lesher v.Strid case, the court held that:
A) a representation is material if it is likely to influence a reasonable person.
B) for a misrepresentation to be actionable, it must be one of fact rather than of opinion.
C) a mutual mistake of fact renders a contract voidable by the adversely affected party if the mistake is so fundamental that it frustrates the purpose of the contract.
D) the contract's "as is" clause expressly excluded reliance on extrinsic representations such as the defendant's representation about the four-acre water rights.
Correct Answer:
Verified
Q59: Which of the following, if any, are
Q60: A contract induced by threatening to bring
Q62: What elements need to be proved to
Q63: The remedies of damages and rescission are
Q65: Which of the following would be considered
Q65: Ralph sold a motel to Steve by
Q67: a. What are the two types of
Q69: Marcus is a salesman for Outdoor Life.
Q72: Identify whether the following statements could result
Q79: A voidable contract results when the contract
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents