Mistake about terms does NOT include
A)the attribution by the parties of different meanings to words used in a contract.
B)errors that are made in the recording of an agreement between parties.
C)the error of judgment that a party makes when he or she enters into a bad contract.
D)misunderstandings about the meanings of words used in a contract.
E)words used inadvertently in stating the terms of a contract.

Question

Quizplus · Accepted Answer

Mistake about terms refers to errors in the use of language in a contract that result from the parties having different meanings for the same wording. It does not refer to errors in judgment made when entering into a contract. Therefore, option C is not a valid choice. Options A, B, D, and E are all examples of mistakes about terms.

Mistake About Terms Does NOT Include