Contract with boskett on the ground of mistake

Assignment Help Business Management

Reference no: EM133613026

Question

Boskett, a part-time coin dealer, paid $450 for a dime purportedly minted in 1916 and two additional coins of relatively small value. After carefully examining the dime, Beachcomber Coins, a retail coin dealer, bought the coin from Boskett for $500. Beachcomber then received an offer from a third party to purchase the dime for $700, subject to certification of its genuineness from the American Numismatic Society. The organization labeled the coin a counterfeit. Can Beachcomber rescind the contract with Boskett on the ground of mistake?

Reference no: EM133613026

Questions Cloud

Briefly explain why the court found in favor of brooks : Briefly explain why the court found in favor of Brooks. What should landlords do to prevent liability in this area?

What is the critical divide between animals and humans : According to Cohen what is the critical divide between animals and humans? It indicates the basic criteria for having rights.

What do you think about the phone call cho makes : What do you think about the phone call Cho makes that opens this essay and about the things he relates about the violence happening now

How did dutch learning develop in tokugawa japan : Describe the Dutch settlement in Nagasaki during the Tokugawa era and How did Dutch Learning develop in Tokugawa Japan

Contract with boskett on the ground of mistake : The organization labeled the coin a counterfeit. Can Beachcomber rescind the contract with Boskett on the ground of mistake?

Analyze and synthesize how solutions fit into worldview : Analyze and synthesize how solutions fit into worldview of Liberty University, which seek to train criminal justice leader to influence criminal justice policy.

What happened to keeping the people impoverished : What was the effect to the nation of keeping the people ignorant and What happened to keeping the people impoverished?

Contemplating the launch of cookie enterprise : A cluster of close friends from high school is contemplating the launch of a cookie enterprise in Canada. The group asked you to help them get some funding

What is wrong with reverse discrimination : "What is Wrong with Reverse Discrimination," compare and contrast the examples of discrimination in the two case studies "Twitter has a Woman Problem".

User Account

All Pages