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of <h1>Person's erroneous belief about legal effects constitutes mistake of law versus mistake of fact</h1> A mistake is defined as an error, misconception, or misunderstanding constituting an erroneous belief. Legal terminology distinguishes between mistake of fact and mistake of law. A mistake of law occurs when a person with full knowledge of facts reaches an erroneous conclusion about their legal effect, representing an act done without knowledge of the law. Mistake of fact involves unconscious ignorance or forgetfulness of material facts relevant to a contract, or belief in the existence of something material to the contract that does not actually exist. These definitions establish fundamental legal principles for determining when mistakes may affect legal obligations and contractual validity.
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