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 A.True B. False 2. A statement of opinion can never1. 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 A.True B. False 2. A statement of opinion can never be the basis for a misrepresentation claim because reliance is not justified in such cases. A.True B. False 3. In order for a person to rescind a contract because of misrepresentation, the misrepresentation must have been fraudulent and intentional. A.True B. False 4. A contract caused by improper threats that leave a party no reasonable alternative but to enter into the correct is voidable (because of duress) A. True B. False 5. If a contract is voidable the person whose consent was not real may rescind A. True B. False 6. A fiduciary relationship may create a duty to disclose A. True B. False 7.. When Buster sold his store to Brandy, Buster lied and said that