Words or terms in contracts that are subject to more than one reasonable interpretation can lead to bilateral mistakes.

Question

Words or terms in contracts that are subject to more than one reasonable interpretation can lead to bilateral mistakes.​

Quizplus · Accepted Answer

If words or terms in a contract are subject to more than one reasonable interpretation, both parties may have a different understanding of what the contract actually means. This can lead to bilateral mistakes, in which both parties make the same error in understanding the contract.

Words or Terms in Contracts That Are Subject to More