answersLogoWhite

0


Best Answer

a party to a contract who seeks to rescind the contract because of that party's reliance on the unintentional but materially

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: A party to a contract who seeks to rescind the contract because of that partys reliance on the unintentional but materially false statement of the other party will assert?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is meant by the statement 'acceptance must be made in reliance of the offer?

the four elements of the contract must be complete


You want to see reliance mutual fund online statement?

reliance mitual fund online statement hoe to view ?


What is the vision statement of the reliance?

i dont know haha :)


What is the mission statement of reliance fresh?

Reliance Fresh is a retail store in India. There mission statement is for their company to be the biggest economy in the world and will happen because of domestic demand.


State two 02 requirements which make the misrepresentation actionable?

For a representation to be actionable: 1) It must be a false statement of fact or law (not a mere puff, statement of opinion or statement of intention) from the misrepresentor 2) The misrepresentee must have placed reliance on the misrepresentation 3) It is the misrepresentation that induced him into the contract


What is the mission statement of Reliance communications?

reliance values being an international leader in the distribution of wireless devices and communication in providing customized logistic.


What is reliance interest and expectation interest?

Reliance interest is the losses which the innocent party has sustained as a consequence of relying on the wrongdoer's promise. The plaintiff is put back in the pre-contract position, that is, before they sustained losses. This remedy for breach is only used when it is impossible to prove or quantify the expectation interest. Expectation interest is where the court grants the innocent party the amount that they would have gained if the contract had not been breached by the wrongdoer. This is the standard remedy for breach of a contract because it includes restitution and reliance.


Worlds largest storage tank?

IN RELIANCE IN RELIANCE IN RELIANCE IN RELIANCE


Is justifiable reliance an element of fraud?

Not really, justifiable or reasonable reliance on the promise of another can prevent the promisor from offering the defense that there was no consideration for their promise. An enforceable contract requires an offer, an acceptance, and a consideration (or a bargained for exchange). Under the doctrine of Promissory Estoppel, a promise can be held enforceable as a quasi-contract when it would be reasonably foreseeable to the promisor that the promisee would detrimentally rely on their promise. In that case the promisor would be liable to the promisee for reliance damages and possibly even expectancy damages.


Organisational structure of reliance fresh?

reliance fresh structure reliance fresh structure reliance fresh structure


Companies of mukesh ambani?

Reliance Netherlands B.V. Reliance Retail Limited Reliance Jamnagar Infrastructure Limited Reliance Haryana SEZ Limited Reliance Industrial Investments and Holdings Limited Reliance Ventures Limited Reliance Strategic Investments Limited Reliance Exploration and Production DMCC Reliance Industries (Middle East) DMCC Reliance Commercial Associates Limited RIL (Australia) Pty Ltd Recron (Malaysia) Sdn Bhd Gulf African Petroleum Corporation (Mauritius) GAPCO Tanzania Limited GAPOil Tanzania Limited GAPCO Kenya Limited Transenergy Kenya Limited GAPCO Uganda Limited GAPCO Rwanda Sarl GAPOil (Zanzibar) Limited Reliance Fresh Limited Retail Concepts and Services (India) Limited Reliance Retail Insurance Broking Limited Reliance Dairy Foods Limited Reliance Retail Finance Limited RESQ Limited Reliancedigital Retail Limited Reliance Financial Distribution and Advisory Services Limited Reliance Hypermart Limited Reliance Retail Travel & Forex Services Limited Reliance Brands Limited Reliance Wellness Limited Reliance Footprint Limited Reliance Integrated Agri Solutions Limited Reliance Trends Limited Reliance Lifestyle Holdings Limited Reliance Universal Ventures Limited Reliance Autozone Limited Strategic Manpower Solutions Limited Reliance Gems and Jewels Limited Delight Proteins Limited Reliance F&B Services Limited Reliance Agri Products Distribution Limited Reliance Leisures Limited Reliance Retail Securities and Broking Company Limited Reliance Home Store Limited Reliance Trade Services Centre Limited Reliance Food Processing Solutions Limited Reliance Supply Chain Solutions Limited Reliance Loyalty and Analylitics Limited Reliance Digital Media Limited Reliance-GrandOptical Private Limited Reliance Vantage Retail Limited Reliance People Serve Limited Reliance Infrastructure Management Services Limited Reliance Petroinvestments Limited Reliance Universal Commercial Limited Reliance Global Commercial Limited Wave Land Developers Limited Reliance Global Business B.V. Reliance Global Energy Services Limited Reliance Gas Corporation Limited Reliance Global Energy Services (Singapore) Pte. Ltd Reliance Polymers (India) Limited Reliance Polyolefins Limited Reliance Aromatics & Petrochemicals Private Limited Reliance Energy and Project Development Private Limited Reliance Chemicals Limited Reliance Universal Enterprises Limited Reliance One Enterprises Limited Reliance Personal Electronics Limited International Oil Trading Limited Reliance Review Cinema Limited Reliance Replay Gaming Limited Reliance Nutritional Food Processors Limited Reliance Commercial Land & Infrastructure Limited Reliance Eminent Trading & Commercial Private Limited Reliance Progressive Traders Private Limited Reliance Prolific Traders Private Limited Reliance Universal Traders Private Limited Reliance Prolific Commercial Private Limited Reliance Comtrade Private Limited Reliance Ambit Trade Private Limited Reliance Corporate IT Park Limited Reliance Petro Marketing Limited LPG Infrastructure (India) Limited RIL USA Inc. Reliance Corporate Centre Limited Reliance Corporate Services Limited Reliance Convention and Exhibition Centre Limited Central Park Enterprises DMCC Reliance International B.V. Reliance Oil and Gas Mauritius Limited Reliance Exploration and Production Mauritius Limited Reliance Holding Cooperatief U. A. Reliance Holding Netherlands B. V. Reliance International Gas B. V. Reliance Exploration and Production B. V. Reliance Exploration and Production Limited Reliance Holding USA, Inc. Reliance Marcellus LLC Reliance Strategic (Mauritius) Limited Indiawin Sports Private Limited Reliance Eagleford Midstream LLC Reliance Ealgeford Upstream LLC Reliance Eagleford Upstream GP LLC Reliance Eagleford Upstream Holding LP Infotel Broadband Services Limited Mark Project Services Private Limited Reliance Energy Generation and Distribution Limited Reliance Marcellus II LLC Reliance Industries Investment and Holding Private Limited Reliance Security Solutions Limited Reliance Office Solutions Private Limited GenNext Innovation Ventures Private Limited GenNext Ventures Private Limited Reliance Home Products Limited Reliance Style Fashion India Limited Reliance Styles India Private Limited


Who are the promoters of Reliance?

reliance infrastructure, reliance innoventure & AAA project venture