How does the common law classify a situation in which both parties to an agreement have shared the same fundamental mistake in order to provide a remedy?
A) as a mistake at law
B) as a shared mistake
C) as a common mistake
D) as a mutual mistake

Question

Quizplus · Accepted Answer

A common mistake in contract law occurs when both parties to a contract make the same mistake impacting the basis of the contract, leading to potential remedies such as voiding the contract.

How Does the Common Law Classify a Situation in Which