Ask Question
27 December, 08:28

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.

+4
Answers (1)
  1. 27 December, 11:43
    0
    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).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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. ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers