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A bilateral mistake of both parties as to a matter of fact essential to the agreement (Section 20) makes the agreement:

AVoidable only by the mistaken party
BVoid
CValid but unenforceable
DVoidable at either party's option
Answer & Solution
Correct answer: B. Void
Section 20 provides that where both parties are under a mistake as to a matter of fact essential to the agreement, the agreement is void.
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