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Principles and Limitations in Contract Act

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Principles and Limitations in Contract Act

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Questions and Answers

In what situation can a purchaser not be put in the same position as if a representation had been true according to the text?

When the representation is willfully false

When the representation related to the annual value of a property

When the representation is about a tenancy that could be determined at will

When an element of attractiveness or security was misrepresented by the seller (correct)

What is cautioned against when deriving general propositions in the law of contract from decisions in suits for specific performance of land contracts?

Formulating general propositions based on specific case outcomes (correct)

Deriving conclusions from land contract disputes

Reliance on ambiguous offers

Using decisions in suits for specific performance as legal precedence

What makes it dangerous to generalize propositions in the law of contract from land contract decisions?

Uncertainty in relying on specific performance suits for legal principles

Dependence on ambiguous offers

Risk of overlooking misrepresentation or ambiguous offers (correct)

Misinterpretation of misrepresentation

What is uncertain about always relying literally on the present enactment?

<p>The accuracy of the facts underpinning decisions</p> Signup and view all the answers

When selling land, what risk does a seller take when holding out an element of attractiveness or security in the property that can be realized by an act on adjoining property?

<p>Risk of misleading purchasers</p> Signup and view all the answers

Principles and Limitations in Contract Act

Choose a study mode

Podcast

Questions and Answers

In what situation can a purchaser not be put in the same position as if a representation had been true according to the text?

What is cautioned against when deriving general propositions in the law of contract from decisions in suits for specific performance of land contracts?

What makes it dangerous to generalize propositions in the law of contract from land contract decisions?

What is uncertain about always relying literally on the present enactment?

When selling land, what risk does a seller take when holding out an element of attractiveness or security in the property that can be realized by an act on adjoining property?

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