Legal Question in Business Law in South Carolina

if the party drawing up an agreement makes a mistake in a dollar amount, after the agreement is signed, can the drafting party claim that the agreement is invalid because of their mistake?


Asked on 10/25/10, 5:40 am

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

Any franchise attorney (or other attorney) will say it depends on a number of factors, including the amount of the mistake involved. For example, if you sell a million dollar home, both parties agree on the sales price, but you mistakenly insert $1 as the sales price, you may have a case. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Attorney

Read more
Answered on 10/30/10, 9:39 am


Related Questions & Answers

More Business Law questions and answers in South Carolina