?Typically, courts allow a contracting party to disaffirm if the mistake in a basic assumption of fact involves the "existence" or "identity" of the subject of the contract.

Answer the following statement true (T) or false (F)


True

Legal Studies & Paralegal

You might also like to view...

Congress may impose reasonable limitations upon the executive pardon power

Indicate whether the statement is true or false

Legal Studies & Paralegal

Incorporationby reference applies only incases where decedent was a shareholder in a corporation.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

?Buyer and Seller have a contract for the sale of goods. Buyer alleges that Seller breached by withholding deliver of the goods. Seller responds, "no breach, justification," my nonperformance (not delivering) was justified by your breach (not paying). Seller's response prevails.

A. ?Buyer maintains its breach of contract cause of action. B. ?Buyer cannot maintain its breach of contract cause of action but must now move to a reliance cause of action. C. ?Buyer cannot maintain its breach of contract cause of action but must now move to a restitution cause of action. D. ?Buyer cannot maintain a cause of action.

Legal Studies & Paralegal

An express condition is presumed under the law.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal