A contract cannot be rescinded if there has been a mutual mistake.

Name: A contract cannot be rescinded if there has been a mutual mistake.
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A contract can be rescinded if there has been a mutual mistake. A mutual mistake occurs when both parties to a contract are mistaken about a material fact upon which the contract is based. In such cases, the contract may be rescinded or reformed to reflect the parties' true intentions.

A Contract Cannot Be Rescinded If There Has Been a Mutual