Fact Pattern 15-B1 (Questions B1-B2 Apply)

question 13

Multiple Choice

Fact Pattern 15-B1 (Questions B1-B2 apply)
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 Enterprises accepts the written offer.
-Refer to Fact Pattern 15-B1.Entrepreneur Enterprises' best argument in favor of enforcement of the contract is that

• A)a bilateral mistake does not afford relief from a contract.
• B)a mistake of value does not afford relief from a contract.
• C)a unilateral mistake does not afford relief from a contract.
• D)the price was below the prices of comparable devices.

Understand the impacts and significance of historical documents and edicts in shaping early colonial history.

Analyze the role and influence of different European nations in the colonization of North America and the Caribbean.

Evaluate the effects of colonization on Indigenous populations and their responses.

Describe the economic factors driving colonization, including the role of joint-stock companies and the tobacco industry.

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Definitions:

Paralegal

A trained legal assistant who performs various tasks to support lawyers, including legal research, drafting documents, and organizing files, but is not qualified to offer legal advice or represent clients.

Attorney

A person licensed to practice law and represent clients in legal matters.

Consumer Surplus

The variance between the total price consumers are inclined and able to pay for a good or service, compared to what they really pay.

Price Ceilings

A government-imposed limit on how high a price can be charged for a product, service, or resource, aimed at protecting consumers from excessive pricing.