Bus 415 Unit 3 Responses ** There are two different responses below. Read the first one and write a 100 word response and read the second one and write a 1

Bus 415 Unit 3 Responses ** There are two different responses below. Read the first one and write a 100 word response and read the second one and write a 100 word response. 
Discussion 1:
The legal concept of mistake in the consent to a contract is fact vs. material. If a mistake of value exists, it does not qualify to void. Mistakes of fact qualify a contract to be voided. A unilateral mistake is a one-party mistake to a material fact that relates to the contract and is enforceable against the one party. When one party attempts to sale an item and inadvertently list the price wrong, and the other party accepts the price. Because this is written as the quote, as well as, agreed upon the selling party cannot renege on what’s stated. But there are always loopholes that allow leave way for changes, and one being that the other party knows that this is possibly a key error or also an understanding that it was not intentional makes this voidable.
A bilateral mistake involves more than one party that has a mutual understanding of the basic assumption derived from the contract. This is categorized as a material fact mistake which means that it can be canceled by either of the parties involved. Reasons for the void could resort from the material in the contract being interpreted differently by the parties. Proof of how this is factual is necessary between the parties before the contract can be voided.
Christians have the ten commandments to follow and can be viewed as a contract of salvation. The human flesh, at times, is often tempted to do otherwise. Then, afterward, there is a desire to repent or pray to God for the forgiveness of their sins. Even though the material facts are there in the commandments to follow and because it is of material facts it is changeable through God’s mercy, love and grace for his children. Luke 5:32 (New International Version) “I have not come to call the righteous, but sinners to repentance.”
Reference
Miller, R.L., & Jentz, G.A. (2016). Fundamentals of Business Law today: Summarized Cases (10th Ed.). Mason, OH: Thomson-West Publishing. ISBN: 9781305075443