What is the ratio in Bell v Lever Brothers?

Common mistake only voids a contract if it relates to the fundamental basis of the contract or the existence of its subject matter.

What did the court decide in Bell v Lever Brothers?

The House of Lords upheld the compensation agreements despite the mistake, finding it was not sufficiently fundamental to void the contracts.

Why is Bell v Lever Brothers important for contract law?

It established the restrictive test for common mistake, showing courts' strong preference for upholding contracts and narrow approach to mistake doctrine.

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