Asked by
Matt Stephen Estorgio
on Dec 18, 2024Verified
Although there are some exceptions, a[n] ________ mistake does not generally void a contract.
A) Unclear
B) Mutual
C) Unilateral
D) Clear
E) Single
Mutual Mistake
A situation in a contract where all parties involved have a shared misunderstanding regarding a fundamental fact or aspect of the agreement.
Unilateral Mistake
A mistake made by only one party in a contract, which may not always void the contract.
- Understand the principles and implications of unilateral and mutual mistakes in contracts.
Verified Answer
SP
Learning Objectives
- Understand the principles and implications of unilateral and mutual mistakes in contracts.