A contract that includes a bilateral mistake may be rescinded if the mistake involves
A)a material fact.
B)any fact.
C)an opinion.
D)none of the choices.

Name: A contract that includes a bilateral mistake may be rescinded if the mistake involves A)a material fact. B)any fact. C)an opinion. D)none of the choices.
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Question

Quizplus · Accepted Answer

A contract may be rescinded if there is a bilateral mistake involving a material fact, as this affects the foundation upon which the agreement was made.

A Contract That Includes a Bilateral Mistake May Be Rescinded