This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When two parties are involved in a misunderstanding as to the meaning of a term of the contract, ... (Read 69 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by elizabeth18 on Aug 7, 2021

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
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.
Answer Preview
Only 39% of students answer this correctly


elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

The U.S. Long-Term Ecological Research (LTER) network. The U.S. Long-Term Ecological Research (LTER) network.
Brain scans showing the white-matter pathways involved in everyday learning: Brain scans showing the white-matter pathways involved in everyday learning:
The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that
Long-Term Potentiation Long-Term Potentiation
Adrian Piper, My Calling (Card) #1 (for Dinners and Cocktail Parties). Adrian Piper, My Calling (Card) #1 (for Dinners and Cocktail Parties).
Metabolic pathways involved in gluconeogenesis. Metabolic pathways involved in gluconeogenesis.
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library