ISM Supply Management Core Exam CORE Question # 36 Topic 4 Discussion

ISM Supply Management Core Exam CORE Question # 36 Topic 4 Discussion

CORE Exam Topic 4 Question 36 Discussion:
Question #: 36
Topic #: 4

A research company develops a tomato that grows in cold weather. The company agrees to sell ten thousand seeds to a broker for $5,000. However, an error is made on the contract which

misstates the price as $4,000. The research company and broker both sign the contract without noticing the error. Some weeks later, the broker discovers the error and refuses to pay more than

$4,000. In this situation, the FIRST course of action for the research company to resolve the dispute is to establish with the broker that


A.

there was a misunderstanding concerning price


B.

the written agreement constituted a partial integration


C.

the written agreement was a sham


D.

there was an administrative mistake


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