Oregon Real Estate | Contracts 1.5 - Fraud,
Mistake, Duress & Undue Influence Exam
Questions and Answers with Verified
Solutions | Latest Updated 2026
Genuine assent A real meeting of the minds without
deception, coercion, or unfair influence.
Why genuine assent matters Without it, a contract may be voidable.
Mistake A belief that is not in accord with the
facts at the time of contracting.
Unilateral mistake A mistake made by only one party.
General rule for unilateral The mistaken party is bound by the
mistake contract.
Exception to unilateral mistake If the other party knew or should have
known of the mistake.
Mathematical error exception A clerical math error may allow
rescission.
Mutual mistake Both parties are mistaken about the same
material fact.
Mistake, Duress & Undue Influence Exam
Questions and Answers with Verified
Solutions | Latest Updated 2026
Genuine assent A real meeting of the minds without
deception, coercion, or unfair influence.
Why genuine assent matters Without it, a contract may be voidable.
Mistake A belief that is not in accord with the
facts at the time of contracting.
Unilateral mistake A mistake made by only one party.
General rule for unilateral The mistaken party is bound by the
mistake contract.
Exception to unilateral mistake If the other party knew or should have
known of the mistake.
Mathematical error exception A clerical math error may allow
rescission.
Mutual mistake Both parties are mistaken about the same
material fact.
