Sharon finds what she believes is the original manuscript of a novel that was written by an author who died $40$ years ago. Sharon thinks that the manuscript is worth $$500,$ but sells it to a local University for $$400.$ phe later finds out that the manuscript is really a photocopy of an already printed book.

Sharon has committed passive fraud.

Sharon has committed active fraud.

A mistake as to value has occurred, but the contract cannot be rescinded.

A mistake as to description has occurred, but the contract can be rescinded.