Urban City and Thru-way Construction Company enter into a contract that includes calculations.Urban,whose engineer,Sergei,compiled the figures,discovers later that some numbers were added incorrectly,but Thru-way refuses to make changes.Urban can

Question

Quizplus · Accepted Answer

Urban can choose to rescind the contract on the basis of mistake, as there was a mistake in the calculations made by its engineer. However, rescinding the contract on the basis of fraud or duress would require showing that Thru-way intentionally misled or coerced Urban into entering into the contract, which does not seem to be the case in this scenario. Option A is not a viable choice as Urban has identified an error in the calculations, which could potentially have significant financial implications.

Urban City and Thru-Way Construction Company Enter into a Contract