Which of the Following Will Have the Likely Consequence of the Court

question 19

Multiple Choice

Which of the following will have the likely consequence of the court finding the contract void on the grounds of mistake?

• A) Mr. Twigg carelessly signed a mortgage for $24,000, which he was told was a mortgage for only $14,000. This was assigned to Mr. Jones.
• B) Mr. Ideer bought some property, erroneously thinking that the province was planning to put a highway nearby, even though the seller had never made any such suggestion.
• C) The parties signed a document that stated the consideration as $1200 instead of the $1100 that the buyer and seller had contracted for, but the buyer cannot prove the terms of the original contract.
• D) Mr. Ille, although using due care, signed a cheque for $100 in favour of his secretary, who had told him it was a receipt for money received.
• E) Mr. Jones, without reliance on a salesperson, purchased an HTC smartphone, thinking it was actually a Samsung smartphone.

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Definitions:

Information

Data that is processed, organized, or structured in a given context to make it meaningful or useful.

Perceived

Regarded in a certain way; seen or understood from an individual's viewpoint.

Likable

Pertains to possessing qualities that attract liking or affection from others.

Knowledgeable

Being well-informed, educated, or competent in a particular area or subject.