mistake

Definition 1

General: Something that doesn't work out in search for a solution. Often used interchangeably with error.

Definition 2

Law: Misunderstanding or erroneous belief about a material-fact which may prevent formation of a valid contract. It is of three basic types (1) Common mistake: all parties make the same error. (2) Mutual mistake: all parties are mistaken or fail to understand each other. (3) Unilateral mistake: only one party is mistaken.


Nearby Terms

Search volume for mistake

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z