Digital Storage,Inc

question 7

Multiple Choice

Digital Storage,Inc.,offers to sell provide cloud-computing services to Entrepreneur Enterprises,Inc.,but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Entrepreneur Enterprisesaccepts the written offer.
-Refer to Fact Pattern 14-1. Digital Storage'sbest defense against enforcement of the contract is that Entrepreneur Enterprisesknew

• A)a bilateral mistake supports the cancellation of a contract.
• B)a mistake of value supports the cancellation of a contract.
• C)a unilateral mistake supports the cancellation of a contract.
• D)the price was below the prices of comparable devices.

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Definitions:

Exclusive Agents

Individuals or companies that have the sole right to sell or represent a vendor's products or services in a specific market.

Professional Guidance

Advice and support given by experienced professionals in a specific field to help individuals or organizations make informed decisions.

Managerial Assistance

Support or help provided to managers to improve decision-making, problem-solving, and overall management effectiveness.

Expansion

The process of growing or enlarging the scope of a business or activity.