Fact Pattern 13-1 (Questions 5-6 apply)
Moore Properties,Inc.,offers in writing to sell to Lawn Acres Development Corporation a certain half-acre of land for "$112,000." After Lawn Acres signs the offer in acceptance and returns it,Moore discovers that the price should have been stated as "$121,000."
-Refer to Fact Pattern 13-1.Moore's misstatement of the price is

Question

Quizplus · Accepted Answer

Moore's misstatement of the price is a unilateral mistake because only one party (Moore) was mistaken about the price, while Lawn Acres was not aware of the mistake.

Fact Pattern 13-1 (Questions 5-6 Apply)