If the mistake in the contract is made by only one party, then it amounts to:
A) mutual mistake.
B) intentional mistake.
C) unilateral mistake.
D) conditional mistake.

Question

Quizplus · Accepted Answer

A unilateral mistake is a mistake made by only one party in a contract. It is not a mutual mistake because both parties do not share the same incorrect belief. It is also not an intentional mistake, as one party did not purposely make a mistake. Finally, it is not a conditional mistake, which refers to a mistake that is contingent on a certain condition being met.

If the Mistake in the Contract Is Made by Only