Student Law Review Issue 1 | Page 67

decided that the mistake as to the quality of the contract was sufficient to cause the contract to be void. In Bell, the courts took a hands-off approach when it came to a mistake as to the quality of the contract, and stressed on the proposition of not wanting to get involved in a parties bargaining relationship, stating that even if something was unfair to the parties, it was not the courts place to step in, but in Associated Japanese Bank, the courts were seen to take a hands-on approach and in fact stepped in to relieve the injustices of a poor bargain, exactly what they vowed not to do in Bell. The dilemma further worsens, when one examines the fact that equity had established different principles concerning common mistake, especially with regards to a common mistake as to the quality of a contract. As mentioned before, prior to examining Great Peace, one must regard the two conflicting decisions that led to the climax in Great Peace. These are the cases of Bell v Lever Brothers which postulated the common law position on common mistake which has already been discussed. We will now turn our attention to Solle v Butcher which articulated the equitable position on common mistake. In Solle v Butcher, A had let a flat to X at £250 per year. Both parties made a common mistake that the flat, which was reconstructed was in essence a new flat, and that it was no longer controlled by the Rent Restriction Acts. But the reality was that the maximum rent allowed was really only £140. The te