In negotiating a business contract 0 There is a duty of good faith 0 A mistake of fact by one party need not be corrected by the other party 0 There is no duty of good faith 0 None of the above Q U ESTI O N 17 Ivan has become very interested in rock climbing and has made an arrangement for his rst excursion with a rockclimbing group. He needs proper equipment and attends at FreeFall Sports Co. that has advenised itself as Toronto's experts in top quality rock climbing equipment. Ivan speaks with a salesperson at the shop asking him for advice as to equipment he will need, with the result that Ivan purchases a harness and rope which the sales person assures him will hold his 225 lb weight when rock climbing. Ivan is seriously injured when the rope breaks as Ivan makes his rst climb. It turns out that the rope is good for a 175 1b. person only. 0 FreeFall Sports Co. is only liable to the cost of the rope, nothing further 0 FreeFall Sports Co. is liable for all damages as a result of the faulty rope O Freele Sports Co. is not liable as it was an employee not the store manager that made the statement as to the rope. O The rope is merchantable