Since it is common knowledge that all people make mistakes, contract law creates stability and predictability by stating that mistakes are not good reasons to void a contract. a. True b. False

Question

Ronan Choi

Social Studies

19 February, 23:46

Since it is common knowledge that all people make mistakes, contract law creates stability and predictability by stating that mistakes are not good reasons to void a contract. a. True b. False

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Answers (1)

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Luka Baker · Answer 1

False

Explanation:

The contract law safeguards the right of party to contract by compensating them for the damage caused by the other party to contract. Contract law also gives options in some cases to not comply with the contract clauses or void a contract if the other party is in breach of contract, required this breach doesn't causes any other damage to the party. So this statement is incorrect from this perspective.