Ralph enters into a contract with Skye to buy her land based on her assertion that the land is open to development. After the sale, Ralph learns that only a small section of the land can be built on-a local law prohibits construction on the rest of the property. Ralph can
A) not avoid the contract because persons are assumed to know the law.
B) avoid the contract due to a mutual mistake.
C) avoid the contract due to a mistake in value.
D) avoid the contract due to fraud.

Question

Ralph enters into a contract with Skye to buy her land based on her assertion that the land is open to development. After the sale, Ralph learns that only a small section of the land can be built on-a local law prohibits construction on the rest of the property. Ralph can​
A) ​not avoid the contract because persons are assumed to know the law.
B) ​avoid the contract due to a mutual mistake.
C) ​avoid the contract due to a mistake in value.
D) ​avoid the contract due to fraud.

Quizplus · Accepted Answer

The Answer of Ralph enters into a contract with Skye to buy her land based on her assertion that the land is open to development. After the sale, Ralph learns that only a small section of the land can be built on-a local law prohibits construction on the rest of the property. Ralph can​
A) ​not avoid the contract because persons are assumed to know the law.
B) ​avoid the contract due to a mutual mistake.
C) ​avoid the contract due to a mistake in value.
D) ​avoid the contract due to fraud.

Ralph Enters into a Contract with Skye to Buy Her