How guaranty contracts are used in business

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Reference no: EM132152222

Question: "Release from Contracts" Please respond to the following:

Determine under what circumstances a contract should be allowed to be rescinded because of a unilateral mistake. Provide one example of a situation in which this could be acceptable.

Consider how guaranty contracts are used in business and propose two situations in which a guaranty would be required.

Reference no: EM132152222

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