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:

Audience Demographics

Statistical data related to the characteristics of a specific group of people, such as age, gender, income, which helps in tailoring messages or content.

Conduct Research

The process of systematically investigating a subject or problem in order to discover new information or reach new understandings.

Organize Ideas

The process of arranging thoughts and concepts in a coherent and structured manner.

Adapting

The process of changing or adjusting to fit new conditions or requirements.