please answer all .,.,.the question.,.,.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is correct and why other options sre incorrect give reasons for the same , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

MAKE SURE THE REASON WHY THE OPTIONS ARE WRONG OR INCORRECT IS THOROUGHLY EXPLAINED, ELSE I WILL REPORT THE ANSWER

Business Law 1. A shared mistake occurs when one ofthe parties has discussed the mistake with the other party. both parties are mistaken for the same reason. one ofthe parties is mistaken. both parties are mistaken but for different reasons. both ofthe parties discuss the mistake with someone outside of the contract. 2. Which of the following statements is incorrect? lfthe subject matter of a contract exists but its qualities are radically different from those contemplated by the parties, the contract will be declared void. Innocent thirdparty rights barthe right to have a contract declared voidable. if the subject matter of a contract does not exist when the contract is made, the contract will be declared void. it is difficult to have a contract set aside for a mistake. The rules of interpretation as well as the law of mistake solve mistakes about the meanings of words used in contracts. 3. Which of the following is incorrect with respect to the plea of non est facrum? Non est factum requires that the person claim to be blind or illiterate. People should not escape liability under a contract simply because they failed to familiarize themselves with the contents. The availability of non est factum will in part depend on the circumstances of the person's carelessness. The availability of non est factum will in part depend on the degree ofthe person's carelessness