Contracts
Under Wyoming law, a real estate contract that is the result of fraudulent misrepresentation is:
AVoid ab initio and has never had legal effect
BVoidable at the option of the defrauded party✓ Correct
CValid and enforceable as written
DSubject to automatic enforcement by the WREC
Explanation
A contract induced by fraudulent misrepresentation is voidable (not void). The defrauded party can choose to rescind (cancel) the contract or ratify it and seek damages.
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