In General,what Is the Effect of One Party Being Mistaken

question 162

Multiple Choice

In general,what is the effect of one party being mistaken about the subject matter of a contract?

• A) The mistaken party can rescind the contract.
• B) Either party can rescind the contract.
• C) Either party can rescind the contract, and the mistaken party can recover damages.
• D) Either party can rescind the contract and/or recover damages.
• E) Neither party can rescind the contract or recover damages.

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Definitions:

Traitors

Individuals who betray trust or allegiance typically to their own country.

Confederacy

Refers to the Confederate States of America, a collection of 11 southern states that seceded from the United States from 1860 to 1865, leading to the American Civil War.

Union

An organization of workers formed to protect and advance their rights and interests; often related to labor rights and collective bargaining.

Civil Liberties

Individual rights protected by law from governmental infringement, including freedom of speech, right to privacy, and the right to a fair trial.