Flo enters into a contract with Global Shipping Ltd. to insure and ship a painting from France to the United States for a certain price. Global makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would
A) allow the parties to rescind the contract.
B) award damages to Flo for the mistake.
C) award damages to Global for the mistake.
D) enforce the contract as is.
Correct Answer:
Verified
Q43: Fess convinces Gwyn to enter into a
Q44: Ray, an employee of Shipping Company, makes
Q46: A contract that includes a bilateral mistake
Q53: County Title Company processes information furnished by
Q55: Car Lot's salesperson Dick offers to sell
Q57: Carlos and David contract for the sale
Q59: Restaurant Food Inc. intends to sell a
Q60: Ken, a real estate agent, assures Lily
Q65: Ned threatens physical harm to force Omar
Q68: Hua applies to Inventory Corporation for a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents