14 Mistake, Fraud and Voluntary Consent.doc

14 Mistake, Fraud and Voluntary Consent.doc -...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
If there’s no genuine assent (no real agreement),  there’s no K. Court’s job is to hold you to your agreement or figure out  how to fix it when you won’t complete your promise. Mistakes of Fact MUTUAL MISTAKE:   Both Parties If both parties are mistaken about a material fact,  there’s no real agreement so the K can be cancelled by  either. “cotton to arrive ‘Peerless’ from Bombay.” Case - Roberts v. Century Contractors “A valid K exists only where there has been a  meeting of the minds to all essential terms of the  agreement.  Therefore, where a mistake of fact is  common to both parties and concerns a material fact, 
Background image of page 1

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

View Full DocumentRight Arrow Icon
such that there is no meeting of the minds, a K may be  avoided.” “Relief from a K due to mistake of fact will be had  ONLY where both parties to the agreement are  mistaken.”
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/07/2010 for the course BLAW 3311 taught by Professor Boykin during the Fall '07 term at UT Arlington.

Page1 / 7

14 Mistake, Fraud and Voluntary Consent.doc -...

This preview shows document pages 1 - 3. Sign up to view the full document.

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