solution
This is a discussion post so it needs to be at least 150 words. Thank you! Will upvote!
Mistake in Contracts is a touchy subject with people. Many folks think that a genuine mistake on the part of one party (unilateral mistake) should be considered a defense to contract formation. As you have read, unilateral mistake is not a defense to contract formation and only bilateral (where both parties are mistaken) is a defense. Do you think we should allow one party to defeat a contract for their genuine mistake even though the other party is not mistaken and is not at fault in the situation? Why or why not?
Mistake in Contracts is a touchy subject with people. Many folks think that a genuine mistake on the part of one party (unilateral mistake) should be considered a defense to contract formation. As you have read, unilateral mistake is not a defense to contract formation and only bilateral (where both parties are mistaken) is a defense. Do you think we should allow one party to defeat a contract for their genuine mistake even though the other party is not mistaken and is not at fault in the situation? Why or why not?
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
