If a person obtains property as a result of another's fraud, misrepresentation, mutual mistake, undue influence, or <u>voidable title </u>to the goods.
<h3 /><h3>What is the legal effect of a mutual mistake of material fact ?</h3>
A mistake made by both parties concerning a material fact that is important to the subject matter of a contract. If there has been a mutual mistake, the contract may be rescinded on the grounds that no contract has been formed because there has been no "meeting of the minds" between the parties.
<h3>What are the types of duress?</h3>
Categories of Duress in Contract Law
- Physical duress. Physical duress can be directed at either a person or goods.
- Economic duress. Economic duress occurs when one party uses unlawful economic pressure to coerce another party into a contract that they would otherwise not agree to.
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