Which of the Following Is True of a Unilateral Mistake

question 64

Multiple Choice

Which of the following is true of a unilateral mistake?

• A) Only one mistake or ambiguity is present in the subject matter of the entire contract.
• B) Out of several contracts drafted simultaneously between two parties, one has a mistake in its subject matter that does not concern the other contracts.
• C) Only one party is mistaken about a material fact regarding the subject matter of a contract.
• D) A single mistake about a material fact in the subject matter of a contract appears several times in the contract.

Identify and differentiate between multiple components relevant to forensic psychology, including clinical and historical factors in risk assessments (e.g., HCR-20).

Understand and critically evaluate findings from studies on psychopathology, legal representation, and outcomes for psychiatric patients.

Comprehend the concepts of fitness to stand trial and not criminally responsible on account of mental disorder (NCRMD), including relevant legal decisions and their implications.

Recognize the role and limitations of mental health professionals within the legal system, including in assessments related to involuntary hospitalization and fitness to stand trial.

---

Definitions:

Offering Price

The price at which new shares are offered to the public by an issuer or an underwriter in initial public offerings or secondary offerings.

Dilution

Loss in existing shareholders’ value, in terms of either ownership, market value, book value, or EPS.

Book Value

is the net value of a company's assets minus its liabilities, as recorded on the balance sheet, often used in assessing a company's financial health.

Market Value

The ongoing price for buying or selling an asset or service in the market.