CAF-4 · Chapter 4 · Question 10 of 15
A unilateral mistake by one party as to a matter of fact generally makes the contract:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) NOT voidable
Explanation
According to Section 22, a contract is NOT voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact.
More Free consent MCQs
- Q12In a contract of insurance (Uberrimae Fidei), what is the duty of the parties regarding the disclosure of facts?
- Q13Azam sells a horse to Babar by claiming 'the horse is sound', even though Azam knows the horse is ill. This is an example of:
- Q14A contract is void on the grounds of mistake ONLY IF the mistake is about:
- Q15If a party is in a position to dominate the will of another and uses that position to obtain an unfair advantage, the contract is voidable…
- Q1What happens to a contract when the consent of a party is obtained by 'coercion'?
