Contracts
Under Wyoming contract law, 'mutual mistake' occurs when:
AOne party deliberately deceives the other
BBoth parties to a contract were mistaken about a fundamental fact at the time of contracting✓ Correct
CBoth parties misspell their names on the contract
DThe agent and broker make an error in the commission calculation
Explanation
Mutual mistake occurs when both contracting parties share a mistaken belief about a fundamental fact that was material to entering the contract. Mutual mistake may provide grounds to rescind or reform a contract.
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