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Question
Harry owns a Cadillac and a Porsche. Bob has always wanted a Porsche and knows Harry owns one. Harry decides to sell his Cadillac and buy a BMW. A mutual friend of Bob and Harry tells Bob, "Harry's selling his car." Thinking Harry is selling the Porsche (he does not know he also has a Cadillac), Bob calls Harry and says, "I'll give you $9,500 for your car." Harry, thinking Bob is talking about the Cadillac, says, "You've got a deal." On what grounds is the above agreement open for rescission?
A. Mutual mistake
B. Fraud
C. Misrepresentation
D. Unilateral mistake
Answer
This answer is hidden. It contains 280 characters.
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