Fact Pattern 13 - 2 Owen, an employee of Plumbing & Pipes LLC, makes a substantial mathematical mistake in totaling the estimated costs for a project for which Quality Construction Inc. is seeking bids. Consequently, Plumbing & Pipes' bid is significantly low.
Refer to Fact Pattern 13-2. The contract with Quality Construction that includes the mistake may be rescinded
A) if the mistake involves a material fact.
B) if the mistake involves any fact.
C) if the mistake is one of value or quality.
D) under no circumstances.

Question

Quizplus · Accepted Answer

A contract may be rescinded if a mistake involves a material fact, as it affects the essence of the agreement.

Fact Pattern 13 - 2 Owen, an Employee of Plumbing