Generally,a Unilateral Mistake Does Not Allow Either Party to Rescind

question 138

True/False

Generally,a unilateral mistake does not allow either party to rescind the contract.

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Definitions:

Dividend Income

Income received from owning shares in a company, typically in the form of cash payments made to investors from the company's earnings.

Shares

Units of ownership in a company or financial asset that give shareholders a portion of the company's profits and voting rights.

Corporate Bond

A debt security issued by a corporation to raise capital, promising to repay the principal along with interest at a specified future date.

Total Return

A comprehensive measure of investment performance that includes both capital appreciation and income (such as dividends or interest) received over a specific period.