mgt 3320 chapt 13

Chapter 13-At the end of Chapter 13, under Problems and cases, do case question #7.  This case has to do with trying to rescind a sale based on a mistake involving the price of a baseball card. Give legal reasons for your answer. 

The important cases for this chapter are the Olmstead v. St. Paul Public Schools case and a case known as Sherwood v. Walker.  The Sherwood case is an old case and is the leading landmark case regarding mistake. This case is not in the textbook, but you need to  Google this case and read it and write a short synopsis about the main issue.   It is about the sale of a cow that both parties mistakenly thought was barren.