[Solved] Mutual mistake occurs when both parties of a contract are mistaken as to the terms.

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Q.	Mutual mistake occurs when both parties of a contract are mistaken as to the terms.
A.	false
B.	true
Answer» B. true
Explanation: each believes they are contracting to something different. courts usually try to uphold such mistakes if a reasonable interpretation of the terms can be found. however, a contract based on a mutual mistake in judgment does not cause the contract to be voidable by the party that is adversely affected.

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