true or false In the event of a unilateral mistake when entering a contract, the contract is generally not rescindable.

Answer 1

True. In general, a unilateral mistake—where only one party is mistaken about a material fact of the contract—does not typically provide grounds for rescinding the contract. Contracts are usually upheld unless the other party knew or should have known of the mistake, or if the mistaken party can show that the mistake was so fundamental that it undermines the contract's basis.