Errors while recording agreements

Question

What are the errors while recording agreements?

Answer 1

1. Mistakes in integration

When a mistake is made in recording an agreement, the court may rectify the mistake in the written document only when it is satisfied that a final, unambiguous, and unconditional agreement had been reached, and there were no further negotiations.

2. Mistake and Innocent Third Parties

Whether the mistake is about assumptions or about the terms, by the time the victim discovers he has been “duped,” the rogue is usually long gone, and the victim is left dealing with an innocent third party who has paid to receive the goods or documents.