Innocent misrepresentation is treated as a unilateral mistake.

Question

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Innocent misrepresentation is a false statement made by someone who had reasonable grounds for believing that his or her statement was true at the time it was made, and it is not treated as a unilateral mistake, which occurs when only one party is mistaken about a basic assumption on which the contract is made. Innocent misrepresentation is a concept in contract law that allows for remedies such as rescission but does not involve the concept of mistake.

Innocent Misrepresentation Is Treated as a Unilateral Mistake