A Mistake in Contract Law Can Lead to a Reversal

question 38

Multiple Choice

A mistake in contract law can lead to a reversal of a contract if

• A) it is in regard to a minor characteristic of the subject matter.
• B) it causes the mistaken party to believe that the subject matter is fundamentally different from what it truly is.
• C) it is in regard to a major characteristic of the subject matter.
• D) A & B
• E) B & C

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Definitions:

Acrophobia

An extreme or irrational fear of heights.

Fear of Heights

An anxiety disorder characterized by an extreme and irrational fear of high places, also known as acrophobia.

Claustrophobia

An anxiety disorder characterized by an irrational fear of being enclosed in a small space or room and having no escape.

Triskaidekaphobia

The fear of the number thirteen, often associated with superstition or cultural beliefs about bad luck.