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Where Two Parties Contract for the Purchase and Sale of an Ordinary

Question 25

Multiple Choice

Where two parties contract for the purchase and sale of an ordinary item,such as a desk,that unknown to both parties is a rare and valuable example of that item,this is a:


A) unilateral mistake.
B) mutual mistake of law.
C) mistake of value, but not a mistake of fact.
D) case of fraud by concealment.
E) case of implied-in-fact mistake.

Correct Answer:

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