IRE430Y1 Lecture Notes - Lecture 4: Price Fixing, Canadian Imperial Bank Of Commerce, Oral Contract
11 Sep 2017
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Midterm format half mc, half short answers: contracts, interpretation, sources, provision (see sample, restrictive covenants, parole evidence, contra proferentum. Should have mentioned about the probation period, 6-month contract period, part-time. *we prefer written contract more clarity, less ambiguity, less misinterpretation and do not upset people, protect one better (avoid communication problem) Insurance company pamphlets, employers, agents third most important. Freedom of private or public individuals and groups (of any legal entity) to form contracts without government restrictions. This is opposed to government restrictions such as minimum wage, competition law, or price fixing. codified laws most important: parties should not be overly restricted, avoid restraint of trade written contractual language. Parole evidence looking at witness testimony when there is ambiguity in the. Contra proferentum whoever creates the contract, has the obligation to create. Restrictive covenant agreement to refrain from some behavior it clearly in a way that is unambiguous so both parties.
