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If a contract lacks consent due to misrepresentation, fraud, mistake, duress, or undue influence, which of the following is correct? Multiple Choice Only minors can
If a contract lacks consent due to misrepresentation, fraud, mistake, duress, or undue influence, which of the following is correct?
Multiple Choice
Only minors can lack real consent under these defenses.
A party to the contract can ratify it thus losing the right to rescission.
The contract is void.
A party must prove scienter under each defense to be entitled to rescission.
Punitive damages are available.
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