Any fraud on the part of a party to a contract provides a basis for ________.
A)judicial recognition of an equitable remedy for the defendant
B)judicial recognition of an implied-in-law contract
C)judicial enforcement of an implied-in-fact contract
D)contract rescission
E)contract reformation

Question

Quizplus · Accepted Answer

Any fraud on the party of a party to a contract provides a basis for contract rescission.The parties cannot be said to have assented when one of the parties was tricked into the agreement by a fraudulent misrepresentation.Thus,the agreement was not voluntary and can be rescinded on the grounds that there was no meeting of the minds.

Any Fraud on the Part of a Party to a Contract