Author Question: Mark, a civil engineer, entered into a contract with David. As per the contract, Mark agreed to ... (Read 77 times)

Starlight · **on:** Jun 24, 2018

Mark, a civil engineer, entered into a contract with David. As per the contract, Mark agreed to design and build a house for David for a specified fee. Mark provided David with an estimation of the total cost and the contract was mutually agreed upon. However, during construction, when Mark increased the price due to a miscalculation on his part, David refused to pay the amount. This scenario is an example of a _____ mistake.
A) mutual
B) collective
C) collateral
D) unilateral

Question 2

The statute of frauds applies to:
A) the lease of an apartment on a month-to-month basis.
B) the cancellation of a written agreement for the sale and purchase of land.
C) an employment agreement.
D) the sale of goods priced at less than 500.