Solved

The 'Mutual Mistake' Concept Is Best Described by Which of the Following

Question 10

Multiple Choice

The 'mutual mistake' concept is best described by which of the following scenarios?


A) Both parties have made the same mistake about the existence or identity of the subject matter of the contract.
B) Both parties are mistaken about a material fact that is important to the subject matter of the contract.
C) One of the parties is mistaken about a material fact regarding the subject matter of the contract,and the other party takes advantage of this mistake.
D) One of the parties is mistaken as to the nature of the document which they have signed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents