Which of the Following Situations Appears to Involve a 'Mutual

question 23

Multiple Choice

Which of the following situations appears to involve a 'mutual mistake'?

• A)X purchased goods on credit from Y,believing Y to be Z.Y was aware of X's mistake.
• B)A beneficiary and an insurance company negotiated a life insurance policy,both unaware that the subject of the life insurance policy was in fact already dead.
• C)Two parties agreed to send goods by a particular ship but there were two ships with that name and each party was thinking of a different ship.
• D)X,who spoke little English,signed a document granting Y an option,believing it to be a receipt.This belief was encouraged by Y.

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Definitions:

Time Spent Learning

The duration dedicated to acquiring new knowledge or skills through study, experience, or teaching.

Emotionally Stressful Events

These are incidents or circumstances that cause significant psychological stress or emotional disturbance.

Amygdala

A region of the brain involved in the processing of emotions, including fear, anxiety, and the formation of emotional memories.

Basal Ganglia

A group of nuclei in the brain associated with a variety of functions, including control of voluntary motor movements, procedural learning, habit learning, eye movements, cognition, and emotion.