In which of the following instances would the court most likely hold the contract to be void on the basis of a mistake?
A) Barry and Mary contracted for the sale and purchase of a boat for the price of $1200. When the contract was written up the price was incorrectly stated as $1700.
B) Two parties contracted for a shipload of fish, but unknown to both parties, at the time of the contract the ship had sunk and the fish had been lost.
C) Carson and Leno had a serious misunderstanding about a term in the contract; the court found that the more reasonable interpretation was that of Leno.
D) Sarah bought three rolls of wallpaper, but found she had made a mistake; two would have been sufficient.
E) Although the seller said nothing to the buyer about the characteristics of the answering machine, the buyer bought it, thinking that it would tell him the date and time of the call. Later, he learned that it did not perform that function.
Correct Answer:
Verified
Q12: Keri went to Crandon's computer outlet with
Q13: Which of the following will have the
Q15: Which one of the following mistakes voids
Q16: Len's new secretary came in and asked
Q19: Jones offers to sell Smith his car.Smith
Q20: When two parties are involved in a
Q22: A fraudulent misrepresentation which induces another person
Q40: An 80-year-old woman signed, in the presence
Q58: Which of the following situations gives rise
Q77: With regard to the law governing privity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents