In Raffles V

question 47

Multiple Choice

In Raffles v.Wichelhaus,the court refused to enforce the contract for a boatload of cotton,shipped to but refused by Wichelhaus,because:

• A) the parties made a mutual mistake with regard to which ship named Peerless the cotton was to be shipped on and the two ships sailed in different months
• B) the parties made a mutual mistake with regard to the quality of the cotton as each ship carried different grades of cotton
• C) despite there being two ships named Peerless sailing on different dates, the contract was oral and violated the statute of frauds
• D) Raffles knew that there were two ships named Peerless but failed to notify Wichelhaus constituting a fraudulent misrepresentation due to the withholding of a material fact

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Definitions:

Product Involvement

The degree of interest and importance that consumers attach to a product, affecting their purchasing decisions.

Shoes

Footwear designed to protect and comfort the human foot while doing various activities, also serving as an item of decoration.

Elaboration

The process of adding more detail or information to something, often used in the context of cognitive processing of messages.

Personal Importance

The significance or value an individual places on a specific idea, activity, or possession in their life.