Which of the following is a ground for avoidance of a contract based on a unilateral mistake?
A)Both parties are mistaken about a fact.
B)The nonmistaken party caused the mistake.
C)The mistaken party had reason to know of the mistake.
D)Person affected by the mistake does not bear the risk for it.

Question

Quizplus · Accepted Answer

For avoidance of a contract,in addition to proving the elements of mutual mistake,a person trying to avoid on the ground of unilateral mistake must show either one of the following: (1)the nonmistaken party caused or had reason to know of the mistake or (2)it would be unconscionable to enforce the contract.

Which of the Following Is a Ground for Avoidance of a Contract