Solved

Where a Mistake Is Made in a Contract, and the Contract

Question 23

Multiple Choice

Where a mistake is made in a contract, and the contract contemplates some level of risk, then


A) the court will grant relief to the party adversely affected by the change in accordance with the degree of the effect of the change.
B) the court will not grant relief to the party adversely affected by the change.
C) each party is required to act to mitigate its loss.
D) the court will apply the principles of equity, allocate the risk and apportion the loss.
E) the change that takes place becomes a legal mistake.

Correct Answer:

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