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Alansgirl Alansgirl
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Posts: 613
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6 years ago
A offers B 100,000 for his farm, and they sign an agreement for the sale. Before the money is paid, A finds out that the market value of the farm is only 55,000 . A:
 a. must pay 100,000; the contract is valid
  b. does not have to go through with the contract because there is not adequate consideration c. does not have to go through with the contract because there was a mistake of fact
  d. must buy the farm, but the price will be lowered when the court reforms the contract
  e. must buy the farm, but the price will be lowered to create consideration of proper value
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snp21snp21
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6 years ago
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Alansgirl Author
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6 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Thanks
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