Which of the Following Is True

question 15

Multiple Choice

Which of the following is true?

• A) Courts allow rescission of a contract if there is a mutual mistake of value as opposed to a mutual mistake of fact.
• B) Courts allow rescission of a contract if there is a mutual mistake of fact as opposed to a mutual mistake of value.
• C) Courts allow rescission of a contract for either a mutual mistake of fact or a mutual mistake of value.
• D) Courts do not allow rescission of a contract for either a mutual mistake of fact or a mutual mistake of value.
• E) Courts never allow rescission of a contract unless fraud is shown.

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Definitions:

Nixon

Richard Nixon, the 37th President of the United States, who served from 1969 until 1974, when he resigned due to the Watergate scandal.

Television

A system for transmitting visual images and sound that are reproduced on screens, primarily used for broadcasting programs for entertainment, information, and education.

Radio

A medium of broadcasting audio content to a wide audience via electromagnetic waves, historically significant in mass communication.

Disenfranchised

Individuals or groups stripped of their rights or privileges, particularly referring to the loss of voting rights.