Multiple Choice
Fact Pattern 12-2
Organic Farms Company contracts to buy two tracts of land from Prime Bottomland, Inc. Both parties believe that the two tracts are adjacent, but in fact they are not. Prime Bottomland is still willing to sell the land, but under these circumstances the deal would adversely affect Organic Farms.
-Refer to Fact Pattern 12-2. The parties' belief about the adjacency of the property is
A) a bilateral mistake.
B) a fraudulent misrepresentation.
C) a unilateral mistake.
D) unconscionable.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Often,when both parties to a contract are
Q7: Misrepresentation can occur by words or actions,but
Q10: Andy knows nothing about horses. Peter, an
Q15: An innocent party can enforce a fraudulent
Q19: In selling a 300-acre farm to Rural
Q26: Misrepresentation of law ordinarily entitles a party
Q37: Drake enters into a contract with Eve,who
Q39: Lou uses undue influence to induce Mona
Q48: Reliance on a misrepresentation is justified if
Q71: James is in an art gallery when