英文摘要 |
Article 147 of the PRC Civil Code and the corresponding judicial interpretation do not provide substantive criteria for the formation of gross misunderstanding. The traditional theory of mistake in the continental law systems faces dual dilemmas of lacking transaction security and the insufficient protection of the freedom of decision- making, which leads to the unnecessary complexity and uncertainty in theory and is incapable of providing guidance for the interpretation of Chinese law. The theory of imputation, represented by the avoidance of contract on the basis of cul pa in contrahendo, breaks the dogma that “the motivation mistake is irrevocable” and instead legally evaluates the counter-party’s impact in the composition of mistake, systematically absorbing the value of pre-contractual good faith. Based on the theory of imputation, the mistake caused or kept by the counter-party’s negligent misrepresentation or non-disclosure is revocable. The common mistake in which neither party is at fault shall not be revoked to transfer the entire risk. As an exception to the theory of imputation, the mistaking party is allowed to revoke the contract if there are heavy economic losses caused by mistake. Therefore, a substantial criterion based on the principle of counter-party’s negligence and the exception of heavy economic loss can be established. |