mistake, mutual


mistake, mutual
n.
A mistake made by both parties to an agreement.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Look at other dictionaries:

  • Mistake in English law — is an English contract law doctrine which sets out the conditions on which a contract may become void. A mistake is an incorrect understanding by one or more parties to a contract and may be used as grounds to invalidate the agreement. Common law …   Wikipedia

  • mutual mistake — see mistake Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. mutual mistake …   Law dictionary

  • mutual — mu·tu·al / myü chə wəl/ adj 1: directed by each toward the other: reciprocal mutual orders of protection in domestic violence cases L. H. Schafran and Norman Wikler 2: shared in common …   Law dictionary

  • mutual mistake — As justifying reformation of an instrument is one common to both or all parties, where each party labors under the same misconception respecting a material fact, the terms of the agreement, or the provision of a written instrument designed to… …   Black's law dictionary

  • mutual — Common to both parties. Interchangeable; reciprocal; each acting in return or correspondence to the other; given and received; spoken of an engagement or relation in which like duties and obligations are exchanged; e.g., the marital relation. As… …   Black's law dictionary

  • mistake — mis·take n 1: an unintentional error esp. in legal procedure or form that does not indicate bad faith and that commonly warrants excuse or relief by the court the court s power to revise a judgment because of fraud, mistake, or irregularity a… …   Law dictionary

  • mutual mistake — noun (law) The situation arising when parties to a contract are at cross purposes as to its subject or terms • • • Main Entry: ↑mutual …   Useful english dictionary

  • Mistake (contract law) — In contract law, a mistake is an erroneous belief, at contracting, that certain facts are true. It can be argued as a defence, and if raised successfully can lead to the agreement in question being found void ab initio or voidable, or… …   Wikipedia

  • mistake — In law, a misunderstanding or erroneous belief about a matter of fact (mistake of fact) or a matter of law (mistake of law). In civil cases, mistake is particularly important in the law of contract Mistakes of law have no effect on the validity… …   Big dictionary of business and management

  • Mutual Ownership Defense Housing Division — The Mutual Ownership Defense Housing Division of the Federal Works Agency part of the United States government, operating from about 1940 to 1942 under the leadership of Colonel Lawrence Westbrook, was an attempt by the United States Government,… …   Wikipedia


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