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What Is the Difference Between an Unilateral Mistake and a Mutual

question 18

Essay

What is the difference between an unilateral mistake and a mutual mistake? Under what circumstances will a court refuse to rescind a contract based on the defense of a "mistake"?

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Definitions:

Work Environment

The setting, conditions, and culture that influence the work-life of employees and the performance of an organization.

Reward System

A mechanism designed by organizations to recognize and reward the contributions and achievements of employees, aiming to motivate and retain talent.

Interactions

The reciprocal action or influence between two or more entities, objects, or individuals, often resulting in a change or response.

Informal Rewards

Unofficial or non-structured forms of recognition and rewards given in a workplace, such as verbal praise, more autonomy, or flexible hours.

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