. Red Stripe replied saying the $4 price is in Canadian currency, not Jamaican currency. When a contract does not specify the currency but only contains the $ symbol, the contract
A) contains a common mistake.
B) contains a mutual mistake.
C) contains a unilateral mistake.
D) contains an innocent misrepresentation.
E) contains a fraudulent misrepresentation.

Question

Quizplus · Accepted Answer

A mutual mistake occurs when both parties have a misunderstanding regarding a fundamental fact of the contract, such as the type of currency in this scenario.

Red Stripe Replied Saying the $4 Price Is in Canadian