Fred Is a Concert Violinist Who Is Scheduled to Perform

question 29

Multiple Choice

Fred is a concert violinist who is scheduled to perform at Carnegie Hall for the first time. He buys what he is told is a Stradivarius violin from a well-known, reputable dealer in quality violins, and he pays the going rate for a Stradivarius. He later learns the violin is an imitation, although it is a good imitation, which fooled even the dealer. In this case:

• A) Fred has made a unilateral mistake and cannot void the contract.
• B) the dealer has committed fraud in the inducement.
• C) the sale is voidable by the purchaser for mutual mistake.
• D) the sale may be rescinded, because the dealer has made a nonfraudulent misrepresentation.

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Definitions:

Negative Feedback

A process or response where the results of a behavior or action are used to decrease or dampen further occurrence of that behavior or action.

E-mail

A method of sending messages electronically from one computer user to another, typically via the internet.

Written Communication

The process of conveying information or expressing ideas through the writing of symbols, words, or sentences.

Oral Recall

The process of remembering and verbally articulating information that was previously learned or experienced.