COMM 315 Lecture Notes - Lecture 15: Consumer Protection, Fender Stratocaster, Lesion

• School: Concordia University
• Department: Commerce
• Course: COMM 315
• Professor: Vladimir Titorenko

Document Summary

Induced by fraud committed by one party vitiates consent. Whenever, if not for that error, the party would not have contracted, or would have contracted on different terms: would not have contracted, would have contracted on different terms. Fraud may result from silence or concealment: of relevant information. An inexcusable error does not constitute a defect of consent. Obvious exaggerations are not fraud: bell: internet at speed of light. Own negligence/ personal fault: signing contract without reading. To the person or property of one of the parties. Induced by violence or threats exerted or made by or known to the other party. Apprehended injury: to another person or his property. Consent to a contract the object of which is to deliver the person making it from fear of serious injury is not vitiated where the other contracting party. Although aware of the state of necessity, is acting in good faith.