Asked by Akarshna Premanand on Jun 17, 2024
Verified
A mistake of law will not justify a recession in a contract.
Mistake Of Law
An error arising from misunderstanding or ignorance of legal principles, which can affect the validity of a contract.
- Assess the legal ramifications of presenting false statements and making errors in contract development.
Verified Answer
NF
Nezzie FergusonJun 21, 2024
Final Answer :
True
Explanation :
A mistake in the application of law will not allow a party to rescind a contract.
Learning Objectives
- Assess the legal ramifications of presenting false statements and making errors in contract development.