Question

Hillside Homes, Inc., and Ideal Builders, Inc., enter into a construction contract that includes six pages of detailed calculations. Later Hillside, whose project manager compiled the figures, discovers that some numbers were multiplied incorrectly, but Ideal refuses to make changes. A court would most likely
Choose one answer.
a. award damages to Hillside for the mistakes.
b. award damages to Ideal for the mistakes.
c. allow the parties to rescind the contract.
d. enforce the contract without requiring changes.

Answer 1

Answer: The correct answer is "c. allow the parties to rescind the contract.".

Explanation: A court would most likely allow the parties to rescind the contract.

It must be determined whether it was simply a mistake, or if I act in bad faith, trying to obtain greater benefit and harming the other party.

If it is determined that it was a multiplication error without bad intentions, a court will probably allow the parties to rescind the contract.