Fact Pattern 14-2BNano Corporation offers to sell a robotic device to Motor Assembly, Inc., but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Motor accepts the written offer.Refer to Fact Pattern 14-2B. Nano's best defense against enforcement of the contract is that Opal knew

A. a bilateral mistake supports the cancellation of a contract.
B. a mistake of value supports the cancellation of a contract.
C. a unilateral mistake supports the cancellation of a contract.
D. the price was below the prices of comparable devices.


Answer: D

Business

You might also like to view...

Consumer-oriented promotion gives customers a reason to purchase the product. This process represents:

A) push promotion. B) pull promotion. C) horizontal promotion. D) vertical promotion.

Business

A great way to capture and keep the audience's attention is to integrate storytelling wherever possible

Indicate whether the statement is true or false.

Business

That part of a loss that an insured must pay is called a

a. subrogation. b. deductible. c. risk of loss. d. casualty.

Business

To be negotiated, bearer paper must simply be delivered to the transferee

Indicate whether the statement is true or false

Business