The term for when both parties to a contract are mistaken about the same fact is called?
A)Mutual mistake
B)Mutual duress
C)Unilateral mistake
D)Unilateral duress

Name: The term for when both parties to a contract are mistaken about the same fact is called? A)Mutual mistake B)Mutual duress C)Unilateral mistake D)Unilateral duress
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Question

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Mutual mistake exists when both parties to the contract have erroneous assumptions about the same fact.

The Term for When Both Parties to a Contract Are