For a party to a contract to receive relief from a mistake, the mistake must involve a material fact.

Name: For a party to a contract to receive relief from a mistake, the mistake must involve a material fact.
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Question

For a party to a contract to receive relief from a mistake, the mistake must involve a material fact.​

Quizplus · Accepted Answer

A material fact is one that, had it been known, would have influenced the decision of one or both parties to enter into the contract. If a mistake involves a non-material fact, the party cannot generally receive relief from the contract.

For a Party to a Contract to Receive Relief from a Mistake