In cases where both parties to a contract are mistaken about either a current or a past material fact,either can choose to ______ the contract.
A) Uphold
B) Confirm
C) Rescind
D) Refute
E) Disclaim

Question

Quizplus · Accepted Answer

When both parties are mistaken about a current or past material fact, either can choose to rescind the contract. Rescission is fair because any agreement was an illusion.

In Cases Where Both Parties to a Contract Are Mistaken