Where two parties contract for the sale of an old violin,but neither party realizes that it is a rare and extremely valuable violin,this is a mutual mistake of fact allowing rescission.
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Q4: It is possible to commit a fraud
Q5: A fraudulent misrepresentation made in order to
Q6: An ambiguity in a contract cannot constitute
Q7: In a contract situation involving fraud,the innocent
Q8: If there has been a mutual mistake,the
Q10: A mutual mistake of fact is more
Q11: A defense to the enforcement of a
Q12: The law permits rescission of some contracts
Q13: Unilateral mistakes occur when only one party
Q14: A unilateral mistake can be so serious
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