Social Studies, 16.03.2020 18:09 pahalsehgal
In order for the courts to find a nondisclosure of a material fact to be equated with and have the same legal effect as a false assertion, the following elements must be present
1) A relationship of trust exists between the parties to the contract
2) There is failure to correct assertions of fact that are no longer true
3) A statute requires the disclosure, such as mandatory disclosures under residential real estate sales laws
4) The nondisclosure involves a dangerous defect, such as bad breaks in a car that is being sold
Answers: 2
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In order for the courts to find a nondisclosure of a material fact to be equated with and have the s...
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