Fact Pattern 10-1
County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Doyle to Ezra, the furnished information is mistaken.

-Refer to Fact Pattern 10-1. If Doyle and Ezra are both ignorant of the mistake, it is
A) a bilateral mistake.
B) a fraudulent misrepresentation.
C) a unilateral mistake.
D) unconscionable.

Question

Fact Pattern 10-1
County Title Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Doyle to Ezra, the furnished information is mistaken.
​
-Refer to Fact Pattern 10-1. If Doyle and Ezra are both ignorant of the mistake, it is​
A) ​a bilateral mistake.
B) ​a fraudulent misrepresentation.
C) ​a unilateral mistake.
D) ​unconscionable.

Quizplus · Accepted Answer

A bilateral mistake occurs when both parties to a contract are mistaken about a basic assumption on which the contract is made. In this scenario, since both Doyle and Ezra are ignorant of the mistake in the furnished information for the land sale, it constitutes a bilateral mistake.

Fact Pattern 10-1 County Title Company Processes Information Furnished by Others to Transfer