When Both Parties Are Mistaken as to the Subject Matter

question 31

Multiple Choice

When both parties are mistaken as to the subject matter of a contract,which of the following is true?

• A) Either party can rescind the contract.
• B) Only the party injured by the mistake can rescind the contract.
• C) Only the party who first discovers the mistake can rescind the contract.
• D) Neither party can rescind the contract.
• E) Either party can rescind the contract or recover damages from the other party.

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Definitions:

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, especially in terms of word order.

Pragmatics

The study of how context influences the interpretation of meaning in linguistic interactions, focusing on the social rules and conventions that underlie language use.

Intonation

The rise and fall of voice pitch across phrases and sentences in speech, affecting the meaning, emotion, and emphasis of the spoken words.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, specifically the order and arrangement of words.