An agreement is not binding when:

Name: An agreement is not binding when:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When both parties make a mistake regarding a material fact, the agreement is referred to as a mutual mistake of fact, and it is not binding. A mistake of law by one or both parties does not affect the enforceability of the agreement. However, a mistake by only one party regarding a material fact may or may not affect the enforceability of the agreement, depending on the circumstances.

An Agreement Is Not Binding When