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Contract Act Section 20 will only apply when the following three conditions are fulfilled: • The mistake must be committed by both the parties i.e must be mutual • The mistake must be regarding some fact. • It must relate to a fact which is essential to the contract. Therefore, if the mistake is made regarding the existence of the subject matter or a fact essential to the contract, it would be a void contract since there is no consensus ad idem. But an incorrect opinion regarding the value of the thing which forms the subject matter of the agreement is not said to be a mistake of fact and is considered inconsequential to the agreement.
Which ice-cream flavor does Kajal like?
How many persons are visited between W and Q?
Who among the following person goes immediately before I?
Statements: B ≥ D = E; B < G < H; J > K > H
Conclusion:
I. E < H
II. G > E
Kajal is working in which company?
What is the total number of pens that Z5 and Z2 have?
How many persons are having costlier bike than R?
Who among the following live on the even floor?
I. N
II. Z
III. B
How many box (es) were placed above the box which contained 25 Kg of Apple?
Who was born in March?