Contracts (alternative)
Under Maryland contract law, 'mutual mistake' may allow a contract to be:
ARenegotiated at will by either party
BVoided or reformed if both parties were mistaken about a fundamental fact at the time of contracting✓ Correct
CAutomatically terminated by MREC
DExtended in duration
Explanation
If both parties to a Maryland contract were mistaken about a fundamental fact (mutual mistake), the contract may be voided or reformed by a court.
Related Maryland Contracts (alternative) Questions
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