Question

contracts signed due to fraud, duress, misrepresentation or mistake used against a party provide him with the right of to terminate the contract.

Answer 1

The statement mentioned above with regard to termination of the contract is true.

What is contract?

Contract refers to the agreement between the two parties which are enforceable under the eyes of the law. It is a promise made by the promisor to the promisee to complete the requirement of the contract.

Contracts entered under duress, fraud, deception, or error against a party provide that party the right to dissolve the deal. Therefore, it can be concluded that above sentence is true.

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