A Contract Based on a Mutual Mistake in Judgment Is

question 20

Multiple Choice

A contract based on a mutual mistake in judgment is:

• A) voidable by the adversely affected party.
• B) not voidable by the adversely affected party.
• C) void ab initio.
• D) none of the above.

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Definitions:

Freudian Slip

An unintentional error in speech or action that is believed to reveal a subconscious thought or feeling, as per the theories of Sigmund Freud.

Marriage Contract

A legal document that defines the rights and obligations of each partner within a marriage.

First Plane

The term "first plane" is often used to refer to the Wright brothers' Flyer, which in 1903, became the first heavier-than-air powered aircraft to achieve controlled, sustained flight with a pilot aboard.

Pilot

An individual qualified to operate the controls of an aircraft during flight.