For a Party to a Contract to Receive Relief from a Mistake

question 59

True/False

For a party to a contract to receive relief from a mistake, the mistake must involve a material fact.​

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Definitions:

Shared Norms

Established behaviors or beliefs that are accepted and adhered to by a group or society.

Group Socialisation

Dynamic relationship between the group and its members that describes the passage of members through a group in terms of commitment and of changing roles.

Role Transition

The process of changing from one role to another, which can involve acquiring new identities, responsibilities, and behaviors.

Social Loafing

The occurrence in which people put in less effort while working as part of a team than they do when working by themselves.