Data Inc Offers to Provide Certain Services to Enterprise LLC, but but Mistakenly

question 68

Multiple Choice

Data Inc. offers to provide certain services to Enterprise LLC, but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Enterprise accepts the written offer. Enterprise's best argument in favor of enforcement of the contract is

• A)a bilateral mistake does not afford relief from a contract.
• B)a mistake of value does not afford relief from a contract.
• C)a unilateral mistake does not afford relief from a contract.
• D)the price was below the prices of comparable services.

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Definitions:

Relatedness

The need to interact, be connected to, and experience caring for others, considered a fundamental psychological need.

Homeostasis

The tendency of a biological system to maintain stable internal conditions despite external changes.

Drive-reduction Approach

A theory in psychology that posits motivation arises from the need to reduce drives from physiological states of tension, such as hunger or thirst.

Motivation Approach

The study or practice of understanding the processes that activate, guide, and maintain goal-oriented behaviors.