Fact Pattern 15-1 Data Storage Inc. Offers to Provide Cloud-Computing Services to Enterprises
Fact Pattern 15-1
Data Storage Inc. offers to provide cloud-computing services to Enterprises, LLC, but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Enterprises accepts the written offer.
-Refer to Fact Pattern 15-1. Data Storage's best defense against enforcement of the contract is that Enterprises knew
A) a bilateral mistake supports the cancellation of a contract.
B) a mistake of value supports the cancellation of a contract.
C) a unilateral mistake supports the cancellation of a contract.
D) the price was below the prices of comparable services.
Correct Answer:
Verified
Q3: Normally, a contract will be set aside
Q5: Misrepresentation cannot occur by silence.
Q8: When the dominant party in a fiduciary
Q11: When a naïve purchaser enters into a
Q13: Duress is a possible ground for rescission
Q25: Fact Pattern 15-1
Data Storage Inc. offers to
Q26: Dana believes that a new phone to
Q29: At an auction, Benny bids on a
Q31: Misrepresentation of a material fact is an
Q32: Bob wants to sell his recreational vehicle
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