Analytics LLC processes misinterpreted data furnished by Botch Services to propose a marketing plan for Clientele Inc. Analytics and Clientele are both ignorant of the mistaken data. Their contract can be rescinded on the basis of
A)a bilateral mistake.
B)a mistake of quality.
C)a unilateral mistake.
D)none of the choices.

Question

Quizplus · Accepted Answer

A bilateral mistake occurs when both parties to a contract are mistaken about a basic assumption on which the contract was made, which is the case here since both Analytics LLC and Clientele Inc. are unaware of the misinterpreted data affecting their agreement.

Analytics LLC Processes Misinterpreted Data Furnished by Botch Services to Propose