Question

Blake is seeking to buy a mare that he can breed. Levi tells Blake about a horse that Levi wants to sell, stating that he (Levi) believes that the horse is extremely healthy and will be able to foal within eighteen months. After two years, the horse still has not foaled. The veterinarian informs Blake that the horse is physically incapable of breeding. In Blake's lawsuit to rescind the contract, it is

Answer 1

Answer:

likely that a court will allow the rescission based on a mistake of fact.

Explanation:

Based on the information provided it can be said that In Blake's lawsuit to rescind the contract, it is likely that a court will allow the rescission based on a mistake of fact. This is reason that can be used to rescind a contract on the basis that there was a mistaken understanding by one party of a contract as to the facts regarding the situation. Which in this case refers to the fact that Levi stated, that the horse is extremely healthy and will be able to foal within eighteen months. Which turned out to not be the case.