Which of the Following Is NOT a Condition That Must

question 77

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.

---

Definitions:

Oligopolistic Industries

Markets dominated by a small number of large firms, leading to a high level of market concentration.

Bidding Down

The process where the price of an item, service, or contract decreases due to competitive bidding, for example, in auctions or procurement processes.

Particular Product

A specific item or good that is produced and available for sale or distribution.

Monopolistically Competitive

A market structure where many firms sell products that are similar but not identical, allowing for some degree of market power.