Question

Sierra offers to sell alyssa a scottish terrier puppy for $800. alyssa and sierra do not discuss the dog's ancestry, but alyssa believes that the dog came from champion lines and agrees to the price. alyssa later discovers that the puppy is worth only $200. can alyssa rescind the contract based on her mistake?

Answer 1

The answer in this question is A. Probably not, because Alyssa made a mistake about the dog's value, not a mistake about a material fact. Alyssa cannot rescind the contract based in her mistake because alyssa made a mistake about the dog's value not a mistake about a material fact.