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Huseyin and Ashish are negotiating the details of a new garage that Ashish plans to build on Huseyin's property. They agree on the building specs,
Huseyin and Ashish are negotiating the details of a new garage that Ashish plans to build on Huseyin's property. They agree on the building specs, the delivery date, and a price of $25,000. Ashish draws up the contract and sends it to Huseyin to sign. Huseyin reviews the contract and notices the price is listed as $2,500 instead of $25,000. Elated at the unbelievably low price, Huseyin quickly signs the contract and sends it back to Ashish, who signs it as well. If Ashish later tries to rescind the contract due to the mistaken price: Ashish will be successful, because it is a mathematical mistake that Huseyin was aware of. Ashish will not be successful, because a unilateral mistake is not a basis to rescind a contract. Ashish will be successful, because the parties made a mutual mistake. Ashish will not be successful, because parol evidence is not admissible to disprove the terms of a written contract
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