Which of the Following Statements About Mutual Mistake of a Basic

question 75

Multiple Choice

Which of the following statements about mutual mistake of a basic assumption is true?

• A)The parties must be consciously aware of the assumption.
• B)An assumption is basic even when it concerns a matter that bears an indirect or collateral relationship to the subject matter of the contract.
• C)Assumptions about the identity,existence,quality,or quantity of the subject matter of the contract are considered to be basic assumptions.
• D)A contract can be avoided even if the mutual mistake was not based on a basic assumption.

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Definitions:

Law Enforcement Model

A strategy or framework designed to guide the activities and priorities of police and other justice agencies.

Probation and Parole Officers

Criminal justice professionals who supervise offenders granted probation (instead of prison time) or parole (early release from prison).

Ethical Dilemmas

Situations in which a person faces a choice between two morally right or wrong options, where choosing one means transgressing the other.

Treatment

The management and care of a patient for the purpose of combating a disease or disorder.