Which of the Following Mistakes Is Most Likely to Prevent

question 65

Multiple Choice

Which of the following mistakes is most likely to prevent the creation of a contract?

• A)A stockbroker is mistaken about the future value of a technology company and buys stock on that basis.
• B)A house deal closes money and keys are exchanged,then both parties find out that the house had been completely destroyed by fire between the time of the original contract and the closing of the contract.
• C)A grocery supplier fills an order for 5000 cans of beans but mistakenly sends only 500 cans.
• D)A bean wholesaler ships 5000 cans of golden wax beans to a customer who thought that he was ordering 5000 cans of corn.
• E)A person agrees to a standard form contract on the internet by clicking the mouse on the "I Agree" icon.

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Definitions:

Margin

The difference between the selling price of a good or service and the cost of producing it, often expressed as a percentage of the selling price.

Return on Investment

A measure of the profitability of an investment, calculated as a percentage of the return relative to the investment's cost.

Investment Opportunity

A potential financial venture or asset purchase that could yield returns in the future.

ROI

Return on Investment, a metric used to evaluate the efficiency of an investment or compare the efficiency of several different investments.