The following are the rules to be observed in counting the 4-year period for prescription of an action for annulment, except In cases of intimidation, violence or undue influence, 4-year period shall begin from the time the defect of the consent ceases. In cases of fraud or mistake, 4-year period shall begin from the time of the discovery of the same. For all voidable contracts, 4-year period shall be counted from the date of the contract. In cases of contracts entered into by wards or incapacitated persons, 4-year period shall begin from the time the guardianship or incapacity cease.
The following are the rules to be observed in counting the 4-year period for prescription of an action for annulment, except In cases of intimidation, violence or undue influence, 4-year period shall begin from the time the defect of the consent ceases. In cases of fraud or mistake, 4-year period shall begin from the time of the discovery of the same. For all voidable contracts, 4-year period shall be counted from the date of the contract. In cases of contracts entered into by wards or incapacitated persons, 4-year period shall begin from the time the guardianship or incapacity cease.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The following are the rules to be observed in counting the 4-year period for prescription of an action for annulment, except
In cases of intimidation, violence or undue influence, 4-year period shall begin from the time the defect of the consent ceases.
In cases of fraud or mistake, 4-year period shall begin from the time of the discovery of the same.
For all voidable contracts, 4-year period shall be counted from the date of the contract.
In cases of contracts entered into by wards or incapacitated persons, 4-year period shall begin from the time the guardianship or incapacity cease.
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