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COMMON MISTAKE IN CONTRACT LAW

English law only recognises situations (1) and (3) above. Prior to the decision of the Court ofAppeal in GreatPeaceShippingLtdv. TsavlirisSalvage(International) Ltd, The Great Peace4 English law did sometimes apply a doctrine of mistake in equity which rendered a contract voidable at the instance of an affected party. Today,

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