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Title: Hill-Shaffer Partnership v. Chilson Family Trust
Essay Details
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Miscellaneous |
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| Date: |
July 17, 1997 |
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| Length: |
2 / 496 |
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Essay text:
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... Showed first 250 characters
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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... Showed next 250 characters
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