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03

Hill-Shaffer Partnership v. Chilson Family Trust

   
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Title: Hill-Shaffer Partnership v. Chilson Family Trust
 
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Subject: Miscellaneous
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Date: July 17, 1997
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Length: 2 / 496
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The court stated that reasonable minds could only conclude that there was no mutual assent by the parties. The Court defined a unilateral mistake as a meeting of the minds of the parties, where an actual agreement is entered into, but the agreement in its written form does not express what was really intended by the parties...
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?§If the buyer thinks he/she is buying one thing and the seller thinks he/she is selling another thing, no meeting of the minds occurs, and no contract is formed.?? (Corley, et al, 1999, p.178). In the case of Hill-Shaffer Partnership v. Chilson Family Trust both parties believed the contract involved something different, hence there was mutual assent in this case...
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