Chapter_11

Chapter_11 - Chapter11 ConductInvalidatingAssent...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
    Chapter 11 Conduct Invalidating Assent
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
    Situations that make contract  void or voidable Duress  Undue Influence  Fraud Nonfraudulent Misrepresentation Mistake
Background image of page 2
    Duress Wrongful threat or act that overcomes  free will of the party.  Two types of  duress:  1. Physical—Assent this way makes  contract void.  2. Improper Threats—voidable at option of  victim. Test For duress is SUBJECTIVE.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
    Undue Influence Dominant person induced transaction  by overpowering mind of weaker party.  If so, contract is voidable at option of  weaker party. 
Background image of page 4
    Fraud Two types: 1. Fraud in the Execution— Is VOID.  Here  is misrepresentation as to nature of  contract. 2. Fraud in the Inducement— Contract is  VOIDABLE.
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
    Fraud in the Inducement 1. False Representation  2. Fact 3. Materiality  4. Intention to Deceive and Knowledge of  Falsity  5. Justifiable Reliance 
Background image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 15

Chapter_11 - Chapter11 ConductInvalidatingAssent...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online