Common use of Mistake Clause in Contracts

Mistake. Free consent of the parties is absolutely necessary to make an agreement with a valid contract. For this purpose, the consent should be free and voluntarily made, which means void of any pressure, influence, mistake, or misrepresentation. If the consent is taken by any of these contracts is voidable at the option of the aggrieved party and would render the contract null and void. All the facts to the contract should be known to the consenting parties or persons.

Appears in 2 contracts

Sources: Contract, Contract