What is the legal definition of "mistake"?
A) the threat of physical or economic harm that results in a contract
B) an unfair manipulation that compromises someone's free will
C) an error made by one or both parties that seriously undermines a contract
D) a false statement of fact that causes someone to enter a contract

Question

Quizplus · Accepted Answer

A mistake in legal terms refers to an incorrect belief or understanding by one or both parties about a fundamental fact at the time of entering into a contract, which can significantly affect the contract's validity.

What Is the Legal Definition of "Mistake