What are mistakes? Explain causes of mistakes and their remedies.
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Due to a few less concentration if deviate from our original path is known as a mistake, If we are irresponsible for our work is known as the cause of mistake. If we are not started our work from fixed time then they are also known as a mistake. If we want to not do any mistake then Always fully concentrate our work, give always our best.
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Causes of mistakes and their remedies:
A mistake is defined as an incorrect idea or understanding by one or both or all the parties involved in a contract or mutual agreement.
In common law, there are three types of mistakes:
- Unilateral mistake: It is the type of mistake where only misunderstanding of one party is involved. Remedy is that the contracts are void immediately as it is found.
- Mutual mistake: The misunderstanding of both parties is involved. Here too, the contract is void.
- Common mistake: Here, both the parties have made a mistake, and that effects the agreement. Here, there’s a chance to rectify, else contract is void.
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