Question

Blake is seeking to buy a mare that he can breed. Levi tells Blake about a horse that Levi wants to sell, stating that he (Levi) believes that the horse is extremely healthy and will be able to foal within eighteen months. After two years, the horse still has not foaled. The veterinarian informs Blake that the horse is physically incapable of breeding. In Blake's lawsuit to rescind the contract, it is:

Answer 1

Answer and Explanation:

From the following given case or scenario, we can state that Blake's lawsuit in order to rescind contract, it is more likely that the court might allow this rescission which was based on the mistake of the fact. Here, in this particular case the fact being that Levi did not provide Blake with the correct facts and thus the transaction was based on wrong fact. Therefore, a rescission is more likely to happen.