Generally,a mutual mistake does not allow either party to rescind the contract.

Name: Generally,a mutual mistake does not allow either party to rescind the contract.
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Quizplus · Accepted Answer

A mutual mistake can allow either party to rescind the contract if the mistake concerns a basic assumption on which the contract was based and has a material effect on the agreed-upon exchange. However, this is a very specific and limited circumstance, and generally, a mutual mistake does not allow either party to rescind the contract.

Generally,a Mutual Mistake Does Not Allow Either Party to Rescind