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4. Wh in the on a cruise, DePrince inquired about the price of a 20-carat...

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4. Wh in the on a cruise, DePrince inquired about the price of a 20-carat diamond cruise line's corporate office, the sales- ePrince that the price was $235,000. DePrince's traveling compan- ship's gift shop. After confirming with the person to ons, who both happened to be gemologists, told him that the price was too good to be true: A diamond that large should cost at least $2 million. DePrince ignored their advice and purchased the diamond. Soon after the sale was completed, the cruise line realized that the $235,000 price quote was per carat, not the total price. What kind of mistake did the cruise line make? Can the cruise line void the transaction? ld D

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