Mistake
Description: Mistake Quiz: Test Your Understanding of Contract Law | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: contract law mistake |
Which of the following is NOT an element of a mistake that can void a contract?
A mistake of ____ occurs when a party enters into a contract based on a belief that is not true.
Which of the following is NOT a type of mistake of fact?
A mistake of ____ occurs when both parties to a contract are mistaken about a material fact.
Which of the following is NOT a remedy for a mistake that voids a contract?
A mistake of ____ occurs when a party enters into a contract based on a misunderstanding of the law.
Which of the following is NOT a type of mistake of law?
A mistake of ____ occurs when a party enters into a contract based on a poor decision.
Which of the following is NOT a factor that courts consider when determining whether to void a contract for mistake of judgment?
A mistake of ____ occurs when a party enters into a contract based on a misunderstanding of the value of the subject matter of the contract.
Which of the following is NOT a type of mistake of value?
A mistake of ____ occurs when all parties to a contract are mistaken about a material fact.
Which of the following is NOT a remedy for a mistake of value?
A mistake of ____ occurs when a party enters into a contract based on a belief that is not true and the other party knows or should have known of the mistake.
Which of the following is NOT a type of mistake that can be cured?