Winona enters into a contract with Peyton to buy his land based on his assertion that the land is open to development. After the sale, Winona learns that only a small section of the land can be built on. A local law prohibits construction on the rest of the property. Winona 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

Winona enters into a contract with Peyton to buy his land based on his assertion that the land is open to development. After the sale, Winona learns that only a small section of the land can be built on. A local law prohibits construction on the rest of the property. Winona 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 Winona enters into a contract with Peyton to buy his land based on his assertion that the land is open to development. After the sale, Winona learns that only a small section of the land can be built on. A local law prohibits construction on the rest of the property. Winona 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.

Winona Enters into a Contract with Peyton to Buy His