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Author Question: When two parties are involved in a misunderstanding as to the meaning of a term of the contract, ... (Read 28 times)

elizabeth18

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on: Aug 7, 2021

Question 1

Jones offers to sell Smith his car. Smith thinks Jones is selling his 2009 Toyota, and Jones thinks he is selling his 2012 Pontiac. This is an example of which of the following?
◦ one-sided mistake
◦ a mistake
◦ fraudulent misrepresentation
◦ misunderstanding
◦ shared mistake

Question 2

When two parties are involved in a misunderstanding as to the meaning of a term of the contract, which of the following is usually applied by the court to settle the matter?
◦ the most reasonable interpretation of the terms
◦ non est factum
◦ the equitable remedy of rectification
◦ caveat emptor
◦ The court will find that there is no contract because there is no meeting of the minds.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by elizabeth18 on Aug 7, 2021

nixon_s

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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elizabeth18

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

covalentbond

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Reply 3 on: Yesterday
Excellent

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