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Mutual Mistake
A situation in contract law where all parties involved have a mistaken belief about a basic assumption on which the contract is based.
European Courts
Refers to the judiciary involved in interpreting and applying the law within the European Union, including the Court of Justice and the General Court.
Mistake Of Value
A misunderstanding about the significance, worth, or value of something involved in a contract, which may affect the validity of the contract.
Mutual Mistake
A situation in contract law where all parties involved have an incorrect belief about a vital fact at the time of entering into a contract.
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