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.

Know how to effectively open a speech to engage the audience.

Distinguish between informative and persuasive presentations and their unique elements.

Understand the methods of delivery suitable for different speaking contexts and the necessity of sounding conversational.

Understand the psychological and emotional responses of adolescents when faced with health challenges.

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Definitions:

Antitrust Regulation

Laws designed to promote competition and prevent monopolies by regulating corporate mergers and breaking up companies when necessary.

Regulation

Rules or directives made and maintained by an authority to control or manage activities, often to protect public interests.

Protect Competition

Measures and policies established to ensure fair competition within markets, preventing monopolies and fostering innovation and fairness.

Social Regulation

Regulations that aim to protect public welfare, including health and safety standards, environmental protections, and consumer rights.