Those who discover that they have been the victim of misrepresentation, fraud, duress, undue influence, or mistake must act promptly to rescind or disaffirm their contracts.

Question

Quizplus · Accepted Answer

This statement is true. It is important for individuals to act promptly in rescinding or disaffirming a contract that was entered into under certain circumstances of misrepresentation, fraud, duress, undue influence, or mistake in order to avoid being bound by the terms of the contract.

Those Who Discover That They Have Been the Victim of Misrepresentation