Contracts
Under Hawaii law, what is the meaning of 'unilateral mistake' in a real estate contract?
AA. Both parties made the same mistake
BB. Only one party made a mistake; the contract may be voidable by the mistaken party only in limited circumstances✓ Correct
CC. The escrow company made a calculation error
DD. A mistake by the real estate agent that binds neither party
Explanation
A unilateral mistake (by one party only) generally does not give rise to rescission unless the other party knew of or caused the mistake, or enforcement would be unconscionable.
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