Multiple Choice
Fra enters into a contract with Global Shipping Ltd. to insure and ship a painting from Holland to the United States for a certain price. Global makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would
A) allow the parties to rescind the contract.
B) award damages to Fra for the mistake.
C) award damages to Global for the mistake.
D) enforce the contract as is.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: Each party to a contract assumes the
Q54: Consent to the terms of a contract
Q55: At an auction, Ben bids on a
Q56: Orin, an employee of Plumbing LLC, makes
Q57: County Title Company processes information furnished by
Q59: Restaurant Food Inc. intends to sell a
Q60: A party who can show that he
Q61: Generally, a unilateral mistake does not give
Q62: Huey, a tennis pro, convinces Ian, who
Q63: Luc, a vehicle dealer, offers to sell