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

question 24

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.Digital Storage's best defense against enforcement of the contract is that Entrepreneur Enterprises knew

• 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:

Bloodstream

The flowing body fluid that circulates throughout the body, carrying oxygen and nutrients to cells and removing waste products.

Limbic System

A complex system of nerves and networks in the brain, involved in emotions and drives, as well as forming memories.

Chromosomes

Long strands of DNA housed in the nucleus of a cell, which carry genes and function in the transmission of genetic information.

Ribosomes

Cellular structures responsible for protein synthesis in living organisms.