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1 October, 18:45

County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Dale to Ezra, the furnished information is mistaken. The contract between Dale and Ezra that includes the mistake may be rescinded because the mistake

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  1. 1 October, 18:48
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    A) if the mistake involves a material fact

    Explanation:

    Any party involved in the transaction, either Dale and Ezra, has the right to rescind the contract if the other party provided false information about a material fact that was relevant to the other party's intention of signing the contract. In contract law, a material fact is any fact that is important, significant or essential to any of the parties involved in a contract, e. g. size of a property, age of a property
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