Asked by Caitlyn Pierson on May 22, 2024
Verified
Mutual mistake is more likely to make a contract voidable than a unilateral mistake.
Mutual Mistake
A misunderstanding between all parties of a contract regarding the basic facts or terms of the contract, which can make the agreement voidable.
Unilateral Mistake
A misunderstanding or error made by one party in a contract, which may not necessarily void the contract.
- Clarify and contrast the concepts of unilateral and mutual mistakes, and analyze their influence on the legal standing of a contract.
Verified Answer
JM
Jasleen MahalMay 24, 2024
Final Answer :
True
Explanation :
It is more difficult to prove unilateral mistakes than mutual ones,which can be easily voided.
Learning Objectives
- Clarify and contrast the concepts of unilateral and mutual mistakes, and analyze their influence on the legal standing of a contract.
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