Wesson buys a book signed by Stephen King from Randy. Wesson and Randy both believe Stephen King signed only $100$ of these books, but

Stephen King signed $10,000$ of them, making the book much less valuable than the parties believe. What can the parties do here?

When both parties are mistaken about the same material fact, as here, the contract can be rescinded by either party.

When both parties are mistaken about the same material fact, as here, the contract cannot be rescinded by either party.

When both parties are mistaken about the same material fact, as here, the contract can be rescinded, but only after a cooling$-$off

period of $30$ days has passed.

When both parties are mistaken about the same material fact, as here, the contract can be rescinded by either party, but only if

the difference in value between the mistaken value and the actual value exceeds $$1,000.$