Joe,a university student,commuted to and from classes by public transit.He decided that he had to buy a car because the bus service was terrible.Ryan was discussing this problem with Joe and said that he wanted to sell his car in order to purchase a motorcycle.Knowing the car's good condition,Joe said he would buy it.Ryan told him to come by to pick up the car in two days.Neither of them know that Ryan roommate had borrowed the car that day and had destroyed it in an accident.This is not a cause of mistake of fact because the two were both clear as to the subject matter of the contract.

Question

Quizplus · Accepted Answer

The situation described is a mistake of fact because both parties were unaware of the car's destruction, which is a fundamental aspect of the contract.

Joe,a University Student,commuted to and from Classes by Public Transit