Under Section 20 of Indian Contract Act 1872 in case 39 both the parties are under mistake as to mat...........

Indian Contract Act (ICA)1872 Valid and Void Contracts

Under Section 20 of Indian Contract Act, 1872 in case 'both the parties are under mistake as to matter of fact, the contract:

Is valid

Is invalid

Is void

none of these

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Explanation:

According to section 20 - Section '20: where both parties to an agreement are under mistake as to a matter of fact essential to the agreement, the agreement is void. (i) Contract is void only if there is a mistake on behalf of both parties (ii) Mistake should be in reference to a matter of fact (iii) That fact should be essential to the agreement.