Which of the following must a mutual mistake involve in order for a mutual mistake to interfere with legal consent?
A) A basic assumption about the subject matter of the contract.
B) A material effect on the agreement.
C) A basic assumption about the subject matter of the contract and an adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement, but not a material effect on the agreement.
D) A basic assumption about the subject matter of the contract, an adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement, and a material effect on the agreement.
E) An admission by one of the parties that a misrepresentation occurred.
Correct Answer:
Verified
Q25: Which of the following is involved in
Q32: Under what condition or conditions will a
Q34: A[n] _ misrepresentation results when the party
Q36: When a person who makes a misrepresentation
Q38: A[n] _ misrepresentation results from a false
Q39: George offers to sell Penelope a ring
Q39: A _ is a false representation of
Q40: Which of the following is found when
Q41: Reference - Scheming Friends. Willy very much
Q42: Jane operates a home decorations shop selling
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents