Mark, a civil engineer, entered into a contract with David. As per the contract, Mark agreed to design and build a house for David for a specified fee. Mark provided David with an estimation of the total cost and the contract was mutually agreed upon. However, during construction, when Mark increased the price due to a miscalculation on his part, David refused to pay the amount. This scenario is an example of a mistake.

Question

​ Mark, a civil engineer, entered into a contract with David. As per the contract, Mark agreed to design and build a house for David for a specified fee. Mark provided David with an estimation of the total cost and the contract was mutually agreed upon. However, during construction, when Mark increased the price due to a miscalculation on his part, David refused to pay the amount. This scenario is an example of a mistake.

Quizplus · Accepted Answer

This scenario is an example of a unilateral mistake because the error (miscalculation of costs) was made by only one party, Mark, without David being aware or involved in the mistake.

​ Mark, a Civil Engineer, Entered into a Contract with David

Mark, a Civil Engineer, Entered into a Contract with David