Fact Pattern 14-A2 (Questions A5-A6 Apply)

question 11

Multiple Choice

Fact Pattern 14-A2 (Questions A5-A6 apply)
Moore Properties,Inc.,offers in writing to sell to New Development Corporation (NDC) a certain half-acre of land for "$112,000." After New Development signs the offer in acceptance and returns it,Moore discovers that the price should have been stated as "$121,000."
-Refer to Fact Pattern 14-A2.Moore's misstatement of the price is

• A)a bilateral mistake.
• B)a fraudulent misrepresentation.
• C)a unilateral mistake.
• D)unconscionable.

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Definitions:

Shoreline

The boundary line where land meets ocean or sea, often changing due to tides and erosion.

Waves

Oscillations that transfer energy through a medium, including water waves, sound waves, and electromagnetic waves.

Offshore Currents

Ocean currents that move away from the shore, influenced by winds, Coriolis effect, and differences in water density.

Tides

The rise and fall of sea levels caused by the gravitational forces exerted by the Moon, Sun, and rotation of the Earth.