Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

unilateral mistake

Read a random definition: Vested

A quick definition of unilateral mistake:

Unilateral mistake is when one person makes a mistake in a contract, but the other person did not make the same mistake. This mistake could be about the facts or the law. It is not as strong of a reason to cancel the contract as a mutual mistake, where both people make the same mistake.

A more thorough explanation:

Definition: Unilateral mistake is a type of mistake in which only one party to a contract makes an error or has a misunderstanding about a fact or law. This mistake can make the contract voidable, but it is not as likely to do so as a mutual mistake.

Example: John wants to buy a car from Jane. Jane tells John that the car has never been in an accident, but in reality, it was in a major accident and was repaired. John believes Jane and buys the car. Later, John finds out about the accident and wants to return the car. This is a case of unilateral mistake because only John made the mistake of believing Jane's false statement.

This example illustrates how a unilateral mistake can affect a contract. John's mistaken belief about the car's accident history influenced his decision to buy the car. If John had known the truth, he might not have bought the car or would have negotiated a lower price. Because Jane made a false statement, John can argue that the contract is voidable due to his unilateral mistake.

unilateral advance pricing agreement | unimproved land

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.