Which of the Following Must a Mutual Mistake Involve in Order

question 9

Multiple Choice

Which of the following must a mutual mistake involve in order for a mutual mistake to interfere with legal consent?

• A)A basic assumption about the subject matter of the contract.
• B)A material effect on the agreement.
• C)A basic assumption about the subject matter of the contract and an adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement,but not a material effect on the agreement.
• D)A basic assumption about the subject matter of the contract,a material effect on the agreement,and an adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement.
• E)An admission by one of the parties that a misrepresentation occurred.

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Definitions:

Orientation

The process of introducing new employees to their job, colleagues, and the organization's culture and policies.

Socialization Process

The procedure through which individuals learn the norms, values, and practices of society or a particular group.

Division of Labor

The allocation of different tasks to different people or groups in an organization or production process.

Proficient

Having a high level of skill or expertise in a particular area or activity.