Asked by Savannah Young Kelsey on Jul 30, 2024
Verified
Jim,the CEO of Maple,Inc. ,signed a few papers that Amanda,his secretary,presented to him.Unknown to Jim,Amanda had carefully slipped in a contract for the sale of Jim's home to her in the papers.If Amanda seeks to enforce the contract,Jim's best defense to have the contract declared void would be:
A) innocent misrepresentation.
B) fraud in the execution.
C) mistake.
D) duress.
Fraud in the Execution
A situation where a person is deceived into signing a document without understanding its nature, existence, or contents.
Innocent Misrepresentation
A false statement made by someone who believes it to be true, which induces another party to enter into a contract.
Duress
A situation where a person performs an act as a result of violence, threat, or other pressure against the person.
- Learn about specific defenses that can void a contract due to issues like fraud in the execution, duress, or economic changes.
Verified Answer
ZK
Zybrea KnightAug 04, 2024
Final Answer :
B
Explanation :
Amanda has fraudulently made Jim sign the contract.Hence,this constitutes fraud in the execution.
Learning Objectives
- Learn about specific defenses that can void a contract due to issues like fraud in the execution, duress, or economic changes.