Where a contract involves a level of risk, a court will most likely not grant relief to the party adversely affected by a mistake.

Question

Quizplus · Accepted Answer

This is because the party assumed the risk when entering into the contract and should have been fully aware of the potential consequences of their actions. Exceptions may apply in cases of fraud or misrepresentation, but otherwise, the court will generally enforce the contract as written.

Where a Contract Involves a Level of Risk, a Court