In Which of the Following Cases Is a Contract Between

question 38

Multiple Choice

In which of the following cases is a contract between A and B binding?

• A) A makes a mistake of material fact, and the mistake is unknown by B.
• B) A and B make the same mistake of material fact.
• C) A recklessly but honestly misrepresents a material fact.
• D) A innocently misrepresents a material fact.

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Definitions:

Service Quality

The degree to which a service meets the customer's expectations and needs, often assessed through dimensions like reliability, responsiveness, assurance, empathy, and tangibles.

Four Seasons Hotels

An international luxury hospitality company known for its high-quality standards, exemplary service, and luxury accommodations in destinations around the world.

Human Capital

Represents the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or society.

Differentiation Strategy

A business approach where a company provides unique, distinct products or services to stand out from competitors in the market.