Examlex
Which of the following are characteristics of a limit order?
Mutual Mistake
Mutual mistake is a situation in which all parties to a contract have a shared misunderstanding about a fundamental fact or assumption underlying that contract.
Unilateral Mistake
A legal term referring to a situation where only one party to a contract is mistaken about a material fact relating to the agreement.
Legal Consent
An agreement made by someone with full understanding and willingness, often pertaining to legal contracts or medical procedures.
Mutual Mistake
A misunderstanding or error shared by all parties to a contract about a fundamental fact that is central to the contract, potentially voiding the agreement.
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