Where a party inadvertently uses the wrong words in stating the terms of a contract, and another party enters into the contract, the court may set aside the contract if a reasonable bystander would conclude that the party made a mistake.

Question

Quizplus · Accepted Answer

This is the principle of unilateral mistake in contract law. If one party makes a mistake in expressing the terms of a contract, and the other party was aware of or should have been aware of the mistake, the court may set aside the contract. This is to prevent unfairness and inequity in the enforcement of contracts.

Where a Party Inadvertently Uses the Wrong Words in Stating