QUESTION 26 Jorge and Marisol enter into a contract. Jorge agrees to mow Marisol's lawn every week for the summer. Marisol is the O a. assignee. b.obligor. OC. assignor. o d.obligcc. QUESTION 27 Abby owns two (2) comic books, worth $1,000 and $500, respectively. Abby and Bart enter into a contract for the sale of "Abby's comic book" for $750. Abby believes, in good faith, that he is selling the $500 comic book while Bart believes, also in good faith, that she is buying the $1,000 comic book. Due to their mistake a. Bart is entitled to buy the $1,000 comic book for $750. b. Bart is entitled to select either comic book for $750. c. Abby is entitled to receive $750 for the comic book worth $500. d. There is no contract. QUESTION 28 Harry agrees to sell William a three acre plot of land that both parties believe is worthless. Unknown to either party, deep beneath the land is a huge amount of gold worth millions of dollars. A court would O a. rescind the contract on the basis of fraud. b.rescind the contract on the basis of undue influence. Question Completion Status: QUESTION 29 Howie and Mel want to discharge their contract by executing and performing a new agreement. They can best accomplish this by O a. accord and satisfaction. b.reinvention. OC. specific performance. O d. novation. QUESTION 30 Two parties enter into a contract that provides for the payment of "$500 by whichever party commits a material brcach of the contract." This is a. a liquidated damages clause. b.a nominal damages clause, c. a mitigation of damages clause. d. a penalty clause