A phoned B and offered to sell him "my farm in New Hampshire for $100,000." B says, "I accept." A actually owns two farms in New Hampshire.He was referring to his 5-acre farm, whereas B was referring to his 10-acre farm.With regard to the agreement,
A) there has been fraud.
B) there has been innocent misrepresentation.
C) a valid contract has not been formed.
D) an illegal contract has been formed.
Correct Answer:
Verified
Q5: A voidable contract is
A) unenforceable.
B) always bilateral.
C)
Q6: In most situations, remaining silent or inaction
Q7: Contract law rapidly developed as courts responded
Q8: The Uniform Commercial Code covers only commercial
Q9: The common law writ of assumpsit was
Q11: Jill says to Ben, "I offer to
Q12: An uncle, in writing, promised his nephew
Q13: An injured party who has established a
Q14: A void contract is totally lacking in
Q15: Jesse writes to Nadine, "I'll pay you
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