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Business Law True or False Mason commits fraud when he sells his desk to Alice. In...

Business Law

True or False

Mason commits fraud when he sells his desk to Alice. In some states, Alice can rescind the contract and sue for damages.

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Answer #1

TRUE

Explanation: Rescinding a contract means formal cancellation of a contract by a court. Some states allow rescinding a contract and allowing the plaintiff to sue for damages if the defendant has committed a fraud.

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