Molly decides to sell her house by way of a private sale. After advertising and showing the house, she receives a written offer from an interested purchaser using a standard form document assembled from a do- it- yourself legal kit. Molly studied the offer and wished to change two of its terms. The interested purchaser agreed to the changes and reflected those changes in the document. Molly signed the document and cashed the down payment cheque. Two days later, Molly spotted an extremely onerous and somewhat unusual term that was not brought to her attention when reading the document. As a result, Molly wishes to cancel the contract.Which of the following is most likely TRUE?
A) Molly will fail but only because she cashed the cheque.
B) Molly will succeed because she was not given reasonable notice of the onerous and unusual term.
C) Molly will succeed because the term was onerous and unusual.
D) Molly will fail because she is bound by her signature.
E) none of the above
Correct Answer:
Verified
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