An operative mistake can be classified into three areas: Common mistake; mutual mistake and unilateral mistake. Which of the following statements is incorrect?
A common mistake will occur where there has been a mistake about the existence of the subject matter of the contract at the time that the contract was formed.
—>> An operative mistake will render a contract voidable at common law.
A mutual mistake will occur where the parties are at cross-purposes over the meaning of the contract.
A unilateral mistake will be recognised where the claimant can show that he intended to contract with a person other than the one with whom he actually did contract with.