• 1 Marks

BL – May 2012 – L1 – SA – Q4 – Law of Contract

Identify the type of mistake where parties are mistaken about different things.

The type of mistake which the parties to a contract make when they are mistaken about different things is referred to as:

Mutual Mistake

Explanation:
A mutual mistake occurs when both parties to a contract misunderstand or are mistaken about different terms or facts related to the contract. This type of mistake can affect the validity of the contract, as the parties are not in agreement on the same terms.

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