Cob218 Study guides, Class notes & Summaries

COB218 Chapter 13 Questions Complete Marking Scheme Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a certain price. But Oceanic makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would - ANSWER- allow the parties to rescind the contract. Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, re-spec-tively. Helen agrees ...

COB218 Chapter 13 Questions Complete Marking Scheme Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a certain price. But Oceanic makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would - ANSWER- allow the parties to rescind the contract. Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, re-spec-tively. Helen ag...

COB218 Chapter 13 Questions Complete Marking Scheme Nora enters into a contract with Oceanic Transport, Inc., to insure and ship a painting from France to the United States for a certain price. But Oceanic makes a mistake in adding the costs, which results in a contract price that is $1,000 less than the true cost. Most likely, a court would - ANSWER- allow the parties to rescind the contract. Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, re-spec-tively. Helen agrees ...