BUSAD 120 Lecture Notes - Lecture 10: Caveat Emptor, Undue Influence, Unconscionability
Document Summary
There were two ships and they left at different times): all questions of fact no mistake of law is acceptable, duress. If one party compels the other party to enter into the contract by threatening negative consequences, they are said to have engaged in duress and the contract is voidable. Religious leader and follower: can be rebutted, unconscionability, a contract will be void due to unconscionability if one party has unfairly taken. A contract will only be enforceable if both parties have the legal capacity to enter into contracts. As a general rule, x will not have legal capacity to contract if they are: Three types of contract that are enforceable against minors are; Certain contracts are categorised by the common law as illegal and unenforceable, including: Contracts to commit a crime or a tort, Contracts that promote corruption in public office, Contracts intended to evade the payment of tax, and. Contracts that prevent or delay the administration of justice.
