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Under modern law, good faith does not require a party to correct another person's mistake about a basic assumption that the contract was based on

Under modern law, good faith does not require a party to correct another person's mistake about a basic assumption that the contract was based on O True False A statement of opinion can never be the basis for a misrepresentation claim because reliance is not justified in such cases. True False

False Question 27 In order for a person to rescind a contract because of misrepresentation, the misrepresentation must have been fraudulent and intentional. O True O False

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