Which of the Following Is Not a Condition That Must

question 44

Multiple Choice

Which of the following is not a condition that must be met by a plaintiff who request rectification of a contract?

• A)The plaintiff must satisfy the court that there was a complete agreement between the parties,free from ambiguity.
• B)The plaintiff must establish that the parties did not engage in further negotiations to amend the contract.
• C)The plaintiff must satisfy the court that the agreement is not subject to,or conditional on,any further adjustments.
• D)The plaintiff must satisfy the court that all attempts to reach some understanding between the parties have failed.
• E)The plaintiff must establish that the change in the written document appears to be an error in the recording of the document and is easily explained as such.

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Definitions:

Initial Cost

The upfront expenditure involved in acquiring an asset or starting a project.

Hong Kong Dollars

The legal currency of Hong Kong, used in financial transactions within the region.

U.S. Dollars

The official currency of the United States, widely used as a benchmark in global financial transactions.

Uncovered Interest Rate Parity

A theory suggesting that the difference in interest rates between two countries is equal to the expected change in exchange rates between those countries' currencies.