13. Mistake and Illegality

Question 1

Three times of contractual mistake

Answer 1

Common Mistake
Cross Purpose Mistake
Unilateral Mistake

Question 2

Common Mistake definition

Answer 2

Both parties have made the same fundamental mistake

Question 3

Cross-Purpose Mistake

Answer 3

the parties are at cross-purposes about some crucial aspect of the contract

Question 4

Unilateral Mistake

Answer 4

Only one party is mistaken (eg. mistaken as to the very identity of the other contracting party)