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Listen Which of the following must a mutual mistake involve in order for a mutual mistake to interfere with legal consent? 1) A basic assumption
Listen Which of the following must a mutual mistake involve in order for a mutual mistake to interfere with legal consent? 1) A basic assumption about the subject matter of the contract. 2) A material effect on the agreement. O3) A basic assumption about the subject matter of the contract and an adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement, but not a material effect on the agreement. 4) A basic assumption about the subject matter of the contract, a material effect on the agreement, and an adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement. 5) An admission by one of the parties that a misrepresentation occurred. Question 12 (1 point) Listen Which of the following is needed in order to satisfy the Uniform Commercial Code's requirement for a written document? O 1) The contract or memorandum needs only to state the price of the goods. 2) The contract or memorandum needs only to state the quality of the goods. O3) The contract or memorandum needs only to state the quantity of goods to be sold. 4) The contract or memorandum needs to state the price of the goods and the quality of the goods, but not the quantity to be sold. 05) The contract or memorandum needs to state the price of the goods, the quality of the goods, and the quantity of goods to be sold. Listen Which of the following is most accurate regarding what may be assigned even in the presence of an anti-assignment clause? 1) Assignments made by operation of law. O2) Assignments for the right to receive monetary payments. O 3) Assignments for the right to receive damages for a breach of contract to sell goods or services. Assignments made by operation of law and assignments for the right to receive monetary payments, but not assignments for the right to receive damages for a breach of contract to sell goods or services. 5) Assignments made by operation of law, assignments for the right to receive monetary payments, and assignments for the right to receive damages for a breach of contract to sell goods or services. 4)
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