16.500 Contracts; Rescission or Cancellation; Unilateral Mistake | Pdf Doc Docx | Georgia_JI

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16.500 Contracts; Rescission or Cancellation; Unilateral Mistake | Pdf Doc Docx | Georgia_JI

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16.500 Contracts; Rescission or Cancellation; Unilateral Mistake

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16.500 Contracts; Rescission or Cancellation; Unilateral Mistake A written contract will not be reformed, unless the mistake is shown to be the mistake of both parties, but it may be rescinded and cancelled upon the mistake of fact of one party only material to the contract. When, because of a mistake, a contract does not really represent the truth of the agreement as understood by one of the parties, it may be rescinded. O.C.G.A. §23-2-31 Quiggle v. Vining, 125 Ga. 98 (1906) Davis v. United American, etc., 215 Ga. 521, 525 (1959)

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