Asked by LaQuesha Jewell on Apr 26, 2024

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What was the result in Scott v.Mid-Carolina Homes,Inc.,the case referenced in the textbook in which the defendant attempted to rescind a contract to sell a mobile home because its salesperson was acting under a mistake of fact when he gave the plaintiff the sales price?

A) The seller was allowed to rescind the contract because a unilateral contract was involved.
B) The seller was allowed to rescind the contract because a bilateral contract was involved.
C) The seller was allowed to rescind the contract because the mistake involved a price differential of over twenty-five percent.
D) The seller was allowed to rescind the contract because the mistake involved a price differential of over fifty percent.
E) The seller was not allowed to rescind the contract.

Unilateral Contract

A promise exchanged for an act.

Bilateral Contract

A promise exchanged for a promise.

Scott V. Mid-Carolina Homes

A legal case that likely involves dispute resolution between an individual and a housing company, although specific details may vary.

  • Identify the criteria for a contract to be rescinded due to mistake, misrepresentation, or duress.
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LA
Linda AwuyehApr 30, 2024
Final Answer :
E
Explanation :
In upholding an award to the plaintiff,the South Carolina Supreme Court explained that a contract may be rescinded for unilateral mistake only when the mistake has been induced by fraud,deceit,misrepresentation,concealment,or imposition of the party opposed to the rescission,without negligence on the part of the party claiming rescission,or when the mistake is accompanied by very strong and extraordinary circumstances that would make it a great wrong to enforce the agreement.According to the court,Mid-Carolina had not demonstrated the presence of any of the circumstances that would justify a rescission.