Jones offers to sell Smith his car. Smith thinks Jones is selling his 2015 Toyota, and Jones thinks he is selling his 2014 Buick. This is an example of which of the following?

A) Misunderstanding
B) Common mistake or shared mistake
C) Unilateral mistake or one-sided mistake
D) Fraudulent misrepresentation
E) Non est factum

Unilateral Mistake

An error made by one party in a contract that does not affect the other party's understanding or agreement.

Misunderstanding

A situation where the intended meaning of a communication is not correctly perceived by one or more parties.

Fraudulent Misrepresentation

A false statement made knowingly or recklessly with the intent to deceive, leading to a contract or transaction.