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Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
Edition 12ISBN: 978-1111530594 Exercise 3
To watch this chapter's video, Mistake, go to www. cengagebrain.com and register your access code that came with your new book or log in to your Cengage account. Select the link for the "Business Law Digital Video Library Online Access" or "Business Law CourseMate." Click on "Complete Video List," view Video 18, and then answer the following questions:
(a) What kind of mistake is involved in the dispute shown in the video (bilateral or unilateral, mistake of fact or mistake of value)?
(b) According to the chapter, in what two situations would the supermarket be able to rescind a contract to sell peppers to Melnick at the incorrectly advertised price?
(c) Does it matter if the price that was advertised was a reasonable price for the peppers? Why or why not?
(a) What kind of mistake is involved in the dispute shown in the video (bilateral or unilateral, mistake of fact or mistake of value)?
(b) According to the chapter, in what two situations would the supermarket be able to rescind a contract to sell peppers to Melnick at the incorrectly advertised price?
(c) Does it matter if the price that was advertised was a reasonable price for the peppers? Why or why not?
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Business Law 12th Edition by Roger LeRoy Miller ,Frank Cross
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