Assignment task:
Kristen enters Mikhael's art gallery and sees a painting that she loves. She says to Mikhael, "This is the most beautiful Monet I have ever seen. I will pay you $24,000 for it." Mikhael knows that the painting is not an original Monet, but is a painting by a local artist done in the style of Monet. Mikhael does not say anything to correct Kristen, but sells her the painting at the offer price of $24,000. When Kristen discovers the painting is not a Monet, can she rescind the contract? Group of answer choices Yes, because she made a unilateral mistake and Mikhael knew she was making the mistake and failed to correct her. Yes, because she overpaid for the painting. No, because she made a unilateral mistake and contracts are never rescinded when a unilateral mistake is made. No, because the parties made a bilateral mistake.