Winona enters into a contract with Peyton to buy Peyton's land based on Peyton's assertion that the land is legally open to development. After the sale, Winona learns what Peyton knew previously-only a small section of the land can be built on. A local law prohibits construction on the rest of the property. Winona can:

a. avoid the contract due to a mutual mistake.

b. avoid the contract due to a mistake in value.

c. avoid the contract due to fraud.

d. not avoid the contract because persons are assumed to know the law.

Question

Sanaa Garner

Social Studies

8 May, 22:03

Winona enters into a contract with Peyton to buy Peyton's land based on Peyton's assertion that the land is legally open to development. After the sale, Winona learns what Peyton knew previously-only a small section of the land can be built on. A local law prohibits construction on the rest of the property. Winona can:

a. avoid the contract due to a mutual mistake.

b. avoid the contract due to a mistake in value.

c. avoid the contract due to fraud.

d. not avoid the contract because persons are assumed to know the law.

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Answers (1)

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Ximena · Answer 1

Correct answer is d. (not avoid the contract because persons are assumed to know the law.

To put it in legal terms: ignorantia legis neminem excusat, which is latin for "ignorance of the law excuses no one". This also known as the main principle of jurisprudence: we are all bound to the law even if we don't know it (neither if we ignore this particular principle).