Misunderstanding
Term · Law · MLC-T-LAW-003264
A situation in contract law where parties attach different meanings to a material term of an agreement, preventing the formation of a true meeting of the minds. If the misunderstanding is mutual and concerns a central aspect of the contract, it can render the agreement void. This differs from a unilateral mistake, where only one party is mistaken.
| Identifier | MLC-T-LAW-003264 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003264",
"term": "Misunderstanding",
"field": "Law",
"definition": "A situation in contract law where parties attach different meanings to a material term of an agreement, preventing the formation of a true meeting of the minds. If the misunderstanding is mutual and concerns a central aspect of the contract, it can render the agreement void. This differs from a unilateral mistake, where only one party is mistaken.",
"url": "https://mlchart.com/terminology/law/misunderstanding/"
}
Record 3,234 of 5,439 in Law terminology (MLC-0107). Request the full dataset.