A mistake in value will usually enable a party to a contract to avoid it.

Name: A mistake in value will usually enable a party to a contract to avoid it.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

A mistake in value alone is not enough to enable a party to avoid a contract. Only a mistake in a material fact that goes to the essence of the contract, such as the identity of the subject matter, can usually allow a party to avoid the contract.

A Mistake in Value Will Usually Enable a Party to a Contract