Winona enters into a contract with Peyton to buy Peyton's land based on Peyton's assertion that the land is legally open to development. After the sale, Winona learns what Peyton knew previously-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.
A
Business
You might also like to view...
Which pricing mix strategy should be used in relation to saleable scrap materials? How does this strategy function?
What will be an ideal response?
Business
What is a plan?
What will be an ideal response?
Business
On the statement of cash flows, the indirect method adjusts ending retained earnings to reconcile it to the net cash flows from operating activities
Indicate whether the statement is true or false
Business
Identify the nouns in the sentence. On Cape Cod, we admired the sailboats and yachts moored at nearly every marina
Business