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 10Answer
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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