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:

Unique Identity

The distinctive combination of traits, qualities, and attributes that make an individual or entity different from others.

Life Stage

A phase in the human lifecycle characterized by unique developmental tasks, challenges, and opportunities.

Responsible

Being accountable for one’s actions or obligations, showing reliability and trustworthiness.

What Happens

A phrase referring to the events or outcomes that occur as a result of specific actions or circumstances.