Red Stripe Replied Saying the $4 Price Is in Canadian

question 56

Multiple Choice

. Red Stripe replied saying the $4 price is in Canadian currency, not Jamaican currency. When a contract does not specify the currency but only contains the $ symbol, the contract

• A) contains a common mistake.
• B) contains a mutual mistake.
• C) contains a unilateral mistake.
• D) contains an innocent misrepresentation.
• E) contains a fraudulent misrepresentation.

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Definitions:

Explanation of Benefits (EOB)

A document provided by insurance companies detailing what treatments/services were covered and what payment responsibilities the insured has.

Charge

The price or cost that someone has to pay for goods, a service, or admission to an event.

Third-Party Reimbursement

A phrase coined to indicate payment of services rendered by someone other than the patient. Today, the most common third-party payers are federal and state agencies, insurance companies, and workers’ compensation.

National Provider Identifier (NPI)

The name of the standard unique health identifier for health care providers.