A Contract Will Be Set Aside for Mistake Only If

question 20

True/False

A contract will be set aside for mistake only if one party realized the other party was mistaken at the time of entering the contract.

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Definitions:

Culture

The social behavior, norms, knowledge, beliefs, arts, laws, customs, capabilities, and habits of the members of a society or community.

Field of Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Science

A systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.

Profession

A profession refers to a type of job that requires specialized knowledge and often extensive academic or formal training.