Practice question
Under Article 1361, what kind of mistake may support reformation when the instrument fails to disclose the real agreement?
- Only a mistake by an unrelated neighbor.
- Only a later change of business strategy.
- Only a typographical mistake in an unrelated letter.
- A mutual mistake of the parties.
- Any regret after a fair bargain.
Legal references
- https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, Article 1361.
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