Which of the following must a person prove to rescind a contract if the misrepresentation was innocent?
A)That the fact was asserted
B)That the fact was disclosed
C)That the fact was material
D)That the fact was ratified

Question

Quizplus · Accepted Answer

If the misrepresentation was innocent,the person seeking to rescind the contract must establish that the fact asserted was material.A fact will be considered to be material if it is likely to play a significant role in inducing a reasonable person to enter the contract or if the person asserting the fact knows that the other person is likely to rely on the fact.

Which of the Following Must a Person Prove to Rescind