Cy and Kelly negotiate the sale of "Indian Art" over the Internet. Because of an electronic miscommunication, Cy thinks he is buying art from Calcutta. But it turns out upon delivery that Kelly was selling Inuit art all along. Because the mistake was material and prevented the creation of a shared contractual intent, Cy will be able to claim the contract was defective.

Question

Quizplus · Accepted Answer

In contract law, a mutual mistake about a material fact, such as the subject matter of the contract, can prevent the formation of a valid contract because there is no meeting of the minds.

Cy and Kelly Negotiate the Sale of "Indian Art" Over