What Is the Effect of One Party Being Mistaken About

question 33

Multiple Choice

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) There is no effect.
• E) Neither party can rescind the contract or recover damages.

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Definitions:

Extrusion

The process of shaping material by forcing it through a die or similar device, or the expulsion of something from its container.

Anterior Fontanel

The largest soft spot on a baby’s skull which allows for growth of the brain and skull; it usually closes by the age of 18 to 24 months.

Diamond

A naturally occurring crystal form of carbon, known for its extreme hardness, brilliance, and thermal conductivity.

Vernix Caseosa

A waxy or cheese-like white substance found coating the skin of newborn human infants, providing protection.