Sam Buys a Car from Denise for $3,500 "As Is

question 22

Multiple Choice

Sam buys a car from Denise for $3,500 "as is".They agree to the terms of the contract orally.In attempting to reduce the contract to writing,Sam mistakenly writes down the amount as "$2,500".Both parties sign the contract.If either party resists any attempt to correct the document by denying a common mistake the court may

• A)treat the agreement as void.
• B)treat the agreement as unenforceable but order costs.
• C)correct the written document to reflect accurately the contract made by the parties.
• D)dismiss any action on the basis of non est factum.
• E)rescind the agreement.

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Definitions:

Government Welfare

A system of financial aid and other services provided by the government to those in need, including the unemployed, elderly, and disabled.

Health Benefits

Advantages or positive effects on one's health, often associated with certain activities, diets, or healthcare plans.

Income Inequality

The unequal distribution of income among the population of a region, leading to disparities in living standards and economic opportunities.

Western Industrialized Nation

Countries typically located in the Western hemisphere that are characterized by a high level of industrialization, technology, and economic development.