When Two Parties Are Involved in a Mutual Mistake (Misunderstanding)

question 20

Multiple Choice

When two parties are involved in a mutual mistake (misunderstanding) as to the meaning of a term of the contract, which of the following is usually applied by the court to settle the matter?

• A) The court will find that there is no contract because there is no meeting of the minds.
• B) Non est factum
• C) Caveat emptor
• D) The reasonable person test
• E) The equitable remedy of rectification

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Definitions:

Molecular Polarity

A characteristic of molecules where there is an unequal distribution of electrons between atoms, leading to a molecule having a positive end and a negative end.

Methane Molecule

A chemical compound with the formula CH4, the simplest alkane and the main component of natural gas, consisting of one carbon atom surrounded by four hydrogen atoms.

Polarity

Polarity in chemistry refers to the distribution of electrical charge over atoms or molecules, causing them to have a dipole moment with partially positive and negative charges.

Ethanol

An organic compound, also known as alcohol, with the formula C2H5OH, widely used as a solvent, in the manufacture of various goods, and as a renewable fuel.