asked 41.4k views
5 votes
Why is it important to distinguish between unilateral and mutual mistakes?

asked
User Arno
by
8.2k points

1 Answer

2 votes

Answer:

The correct answer is because it determines which contracts could be voidable

Step-by-step explanation:

A unilateral mistake is when just one party to a contract is mistaken as to the terms contained in a contract.

Commonly, the unilateral mistake does not make a contract void; The mutual mistake makes it.

answered
User Thandi
by
8.4k points
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