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In 1896, a cow named Rose lived in Michigan. Hiram Walker and Sons paid $850 for her as a breeding cow. It turned out she

In 1896, a cow named Rose lived in Michigan. Hiram Walker and Sons paid $850 for her as a breeding cow. It turned out she was barren, and after disclosing that fact to the purchaser, a contract was entered for $80.00. When the purchaaser went to pick up the cow, the seller refused to convey because Rose was pregnant. Which of the following is a correct statement of the law applicable to these facts?

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Because this is a mutual mistake, the contract may be voidable.

Because this was a unilateral mistake, the contract must be enforced.

Whether this was a unilateral or bilateral mistake, a contract was not formed because there was inadequate consideration.

Failure to perform a contract requires liuidated damages to be assessed by the court amag

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