Which of the Following Is True Regarding European Courts

question 40

Multiple Choice

Which of the following is true regarding European courts?

• A) European courts are in total disagreement with the reluctance of American courts to interfere with a contract because the value of the item in question has changed since the agreement.
• B) European courts refuse to assume that parties accept the risk when they make a contract that the value might change later.
• C) European courts permit rescission of the contract for a mistake of value when the mistake involves more than 10 percent of the value at the time of the contract.
• D) European courts permit rescission of the contract for a mistake of value when the mistake involves more than 40 percent of the value at the time of the contract.
• E) European courts permit rescission of the contract for a mistake of value when the mistake involves more than 50 percent of the value at the time of the contract.

---

Definitions:

Defense Mechanism

Psychological strategies brought into play by the unconscious mind to manipulate, deny, or distort reality in order to defend against feelings of anxiety and unacceptable impulses.

Denial

A defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.

Thematic Apperception Test (TAT)

A projective test consisting of drawings of ambiguous human situations, which the test taker describes; thought to reveal inner feelings, conflicts, and motives, which are projected onto the test materials.

Diagnostic Tool

An instrument or technique used to identify the nature or cause of a condition, disorder, or disease.