MGEC71H3 Lecture Notes - Lecture 10: Intentional Tort, Contributory Negligence, Texas Education Agency Accountability Ratings System
4 Oct 2017
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Do not necessarily have to disclose everything on the contract: disclose: if it is a direct question (if not = fraud) Productive facts produces (more) value: you invested time, energy, expertise, and money into product: encourage people to invest in things that people don"t know about, efficiency: occurs when people invest in this property. Destructive facts information that you know is destructive in the contract. I"m selling my house and i know there"s a basement leak but don"t tell people. 2: not tort: must foresee reasonable consequences, ex. I exposed chemical that could cause cancer but it actually has to occur to be included in tort law: ex. Chain of reality was too obscure: he would have no idea that he would have knew that he had fireworks in his hands and it would drop if he helped him: ex. Around schools the driving limit is lowered: cost of prevention is less than reduction in cost of accident.
