Solved

What Is the Effect of One Party Being Mistaken About

Question 33

Multiple Choice

What is the effect of one party being mistaken about the subject matter of a contract?


A) The mistaken party can rescind the contract.
B) Either party can rescind the contract.
C) Either party can rescind the contract,and the mistaken party can recover damages.
D) There is no effect.
E) Neither party can rescind the contract or recover damages.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions