M

Mr. Dubey • 100.69K Points
Coach

Q. Mutual mistake occurs when both parties of a contract are mistaken as to the terms.

  • (A) false
  • (B) true
  • (C) ---
  • (D) ---
Share

Explanation by: Mr. Dubey
each believes they are contracting to something different. courts usually try to uphold such mistakes if a reasonable interpretation of the terms can be found. however, a contract based on a mutual mistake in judgment does not cause the contract to be voidable by the party that is adversely affected.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.


Question analytics