Fred Is a Concert Violinist Who Is Scheduled to Perform

question 16

Multiple Choice

Fred is a concert violinist who is scheduled to perform at Carnegie Hall for the first time.He buys what he is told is a Stradivarius violin from a well-known,reputable dealer in quality violins,and he pays the going rate for a Stradivarius.He later learns the violin is an imitation,although it is such a good imitation that even the dealer thought it was authentic.In this case:

• A) Fred has made a unilateral mistake and cannot avoid the contract.
• B) the dealer has committed fraud in the inducement.
• C) the sale is voidable by the purchaser for mutual mistake.
• D) the sale is voidable,because the dealer has made a fraudulent misrepresentation.

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Definitions:

Republicans

A member or supporter of the Republican Party, one of the two major political parties in the United States.

Democrats

A member or supporter of the Democratic Party, one of the two major contemporary political parties in the United States.

Independent

A term in statistics that implies no relationship between two variables, such that the occurrence of one does not affect the probability of occurrence of the other.

Addition Law

A principle in probability theory that calculates the probability of the union of two events, adjusting for the probability of both events happening.