Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Ned enters into a contract with Transocean, Inc., to insure and ship a piano from Austria to the United States for a certain price. But
Ned enters into a contract with Transocean, Inc., to insure and ship a piano from Austria to the United States for a certain price. But Transocean makes a mistake in adding the costs, which results in a contract price that is $ less than the true cost. Most likely, a court would a allow the parties to rescind the contract. b award damages to Ned for the mistake. c award damages to Transocean for the mistake. d enforce the contract as is
Ned enters into a contract with Transocean, Inc., to insure and ship a piano from Austria to the United States for a certain price. But Transocean makes a mistake in adding the costs, which results in a contract price that is $ less than the true cost. Most likely, a court would
a allow the parties to rescind the contract.
b award damages to Ned for the mistake.
c award damages to Transocean for the mistake.
d enforce the contract as is
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started