Multiple choice

‘X’ enters into a contract with Y for which Y is guilty of fraud. X can

  1. set aside the contract and recover damages

  2. set aside the contract but cannot recover damages

  3. recover damages but cannot set aside the contract

  4. recover damages for actual loss suffered

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

‘X’ enters into a contract with Y for which Y is guilty of fraud. X can set aside the contract and recover damages from Y.