• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Can anyone help explain what this code means?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

ktm250

Junior Member
What is the name of your state? California
I dont understand what
Civil code 1577.
Mistake of fact is a mistake, not caused by the neglect of a
legal duty on the part of the person making the mistake, and
consisting in:
1. An unconscious ignorance or forgetfulness of a fact past or
present, material to the contract; or,
2. Belief in the present existence of a thing material to the
contract, which does not exist, or in the past existence of such a
thing, which has not existed.

Also this one.. 1611. When a contract does not determine the amount of the
consideration, nor the method by which it is to be ascertained, or
when it leaves the amount thereof to the discretion of an interested
party, the consideration must be so much money as the object of the
contract is reasonably worth.
Thank you whoever
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top