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by Quenda Behler Story It probably happens more often than contractors will admit: You write up a bid, the customer accepts it and signs a contract, then you discover that you made a big blooper on your estimate. If you are held to this contract, you will lose money. Are you stuck with this contract, or can you get it rescinded (the contractual equivalent of an annulment)? The answer is a resounding "That all depends." There is no universal rule here that applies across the country. But the cases and laws involving contract mistakes have a guiding theme: Make the outcome as fair as possible given the situation. Two factors usually determine what is fair. The first is, What kind