A Party to a Contract May Be Able to Avoid

question 56

Multiple Choice

A party to a contract may be able to avoid the contract if:

• A) there is a mutual mistake,and the party undertook to bear the risk by conscious allocation.
• B) there is a unilateral mistake,and the party undertook to bear the risk by conscious ignorance.
• C) there was a mistake and the mistaken party was at fault in not discovering the problem before making the contract.
• D) None of these.

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Definitions:

Upward Slope

Represents an increase or positive change in a graph when one variable rises as another variable increases.

Downward Slope

A decrease or decline in a particular trend, measurement, or value over a period of time.

Readjuster Party

A political movement in Virginia during the late 1870s and early 1880s that aimed to reduce the state's pre-Civil War debt and increase funding for public services, particularly education.

Black Voters

African American individuals who are eligible to participate in elections, playing a significant role in shaping political outcomes and advocating for civil rights.