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mistake |
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An unintentional act, omission, or error. Mistakes are categorized as a Mistake of Fact, Mistake of Law, or mutual mistake. A mistake of fact occurs when a person believes that a condition or event exists when it does not. A mistake of law is made by a person who has knowledge of the correct facts but is wrong about the legal consequences of an act or event. A mutual mistake arises when two or more parties have a shared intention that has been induced by a common misbelief. mistake n. 1) an error in comprehending facts, meaning of words or the law, which causes one party or both parties to enter into a contract without understanding the obligations or results. Such a mistake can entitle one party or both parties to a rescission (cancellation) of the contract. A mistaken understanding of the law (as distinguished from facts) by one party only is usually no basis for rescission since "ignorance of the law is no excuse." 2) an error discovered to be incorrect at a later time. (See: contract, rescission) mistake verb be deceived, be erroneous, be in the wrong, be misguided, be misled, be mistaken, blunder, bungle, commit an error, confuse, err, fall into error, get wrong, go amiss, go astray, go wrong, identify incorrectly, ignorare, labor under a misapprehension, misapprehend, miscalculate, misconceive, misconstrue, misidentify, misjudge, misread, misunderstand, name inaccuuately, put a false sense on, receive a false impression, reeeive a wrong impression, slip up, stumble Associated concepts: excusable mistake, harmless error, mistake of fact, mistake of law, mistaken identity, mutual mistake, unilateral mistake See also: catachresis, defect, err, error, expiration, failure, fallacy, indiscretion, lapse, misapplication, misapprehend, miscalculate, miscarriage, misconstrue, miscue, misdeed, misestimation, misinterpret, misjudge, misjudgment, misread, misstatement, misunderstand, oversight, wrong MISTAKE, contracts. An error committed in relation to some matter of fact
affecting the rights of one of the parties to a contract.
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