Analytics LLC processes misinterpreted data furnished by Botched 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 Their contract can be rescinded on the basis of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 are mistaken about the subject matter of the contract. In this case, both Analytics and Clientele are mistaken about the data provided by Botched Services, which forms the basis of their contract. As a result, they may rescind the contract due to mutual mistake.

Analytics LLC Processes Misinterpreted Data Furnished by Botched Services to Propose