How guaranty contracts are used in business


Discussion: "Release from Contracts"

Determine under what circumstances a contract should be allowed to be rescinded because of a unilateral mistake.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.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How guaranty contracts are used in business
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