Question: How does mistake, if proved, affect third parties ( persons outside of the contract in which the mistake occurred ) ? Question 1 0 Answer
How does mistake, if proved, affect third parties persons outside of the contract in which the mistake occurred
Question Answer
a
If mistake is proved, there is no effect on third parties.
b
If mistake is proved, the contact is voidable and third parties are affected only if the they knew of the mistake.
c
If mistake is proved, the contract is unenforceable as against third parties.
d
If mistake is proved, the contract is illegal and therefore unenforceable against third parties.
e
If mistake is proved, the contract is void and third parties who claim benefits from the void contract will be adversely affected.
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