Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following is true regarding
Q4: A contract is void if parties to
Q5: If a contract is voidable due to
Q6: A false statement made in the belief
Q7: Allen enters into a contract with Joe
Q9: Mary contracts to sell Rachel her violin
Q10: Which of the following is an example
Q11: What is active fraud? What four
Q12: Mistakes such as duress and undue influence
Q13: As a general rule, a unilateral