Why is it important to distinguish between unilateral and mutual mistakes?
A)Because it determines which contracts lack consideration.
B)Because it determines how much may be awarded in damages under a contract.
C)Because it determines whether punitive damages may be awarded.
D)Because it determines which contracts are voidable.
E)Because it determines which contracts are considered fraudulent.

Question

Quizplus · Accepted Answer

A)The distinction between unilateral and bilateral contracts is important in
determining which contracts are voidable.
B)The distinction between unilateral and bilateral contracts is important in determining which contracts are voidable.
C)The distinction between unilateral and bilateral contracts is important in determining which contracts are voidable.
D)The distinction between unilateral and bilateral contracts is important in determining which contracts are voidable.
E)The distinction between unilateral and bilateral contracts is important in determining which contracts are voidable.

Why Is It Important to Distinguish Between Unilateral and Mutual