Question: 1- A mistake in a basic assumption of fact is when: Group of answer choices A -none of the above B -the buyer, seller, and

1- A mistake in a basic assumption of fact is when:

Group of answer choices

A -none of the above

B -the buyer, seller, and reasonable person believe at the time of contracting that the coin is valuable when it ultimately turns out to be counterfeit.

C- the buyer and the reasonable person believe at the time of contracting that the coin is valuable when it ultimately turns out to be counterfeit.

D- the buyer and seller believe at the time of contracting that the coin is valuable when it ultimately turns out to be counterfeit.

2-Does the illegality doctrine have exceptions?

Group of answer choices

No, the courts leave the parties where they find them.

Yes, the exceptions result in a restitution cause of action.

Yes, the exceptions result in a breach of contract cause of action.

Yes, the exceptions include when the parties are not in pari delicto, collateral illegality, and repentance.

3- If a contract is unenforceable by reason of the Statute of Frauds:

Group of answer choices

a breach of contract action may be available to bring the defendant back to the position the defendant was in prior to receiving the benefit

a restitution cause of action may be available to prevent unjust enrichment

a restitution cause of action will not be available to prevent unjust enrichment

a reliance cause of action may be available to prevent injustice

4-The minority doctrine raises:

Group of answer choices

a plaintiffs remedy for the defendants breach issue

a contract enforcement issue

a contract formation issue

a defendants response to the plaintiffs allegation of breach issue

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