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Contract Law Misrepresentation Insights
Summary
A representation of future intention can be actionable if made dishonestly. Restraint of trade contracts must be reasonable. Contracts void for illegality contradict public policy or statutes. Bank manager-client is not a special relationship for undue influence. Actionable misrepresentation requires inducement, not timing. Rescission doesnt affect bona fide third-party purchasers. Contracts are void for common mistakes if the subject matter didnt exist. Beneficial contracts for minors often involve employment or training.Full Conversation
can you help me with some questions on contract law
Of course! I'd be happy to help with your questions on contract law. What specific questions do you have?
A representation as to future intention will under no circumstances amount to an actionable misrepresentation. True or false
False. A representation of future intention can amount to an actionable misrepresentation if it was made dishonestly, with no real intention of following through, or if the speaker knew it was false at the time it was made.
what is a contract for restrain of trade
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A contract for restraint of trade is an agreement where one party agrees not to engage in a similar trade or business in competition against another party. This is often used in employment contracts to prevent former employees from competing with their former employers.
A contract for restraint of trade is an agreement where one party agrees not to engage in a similar trade or business in competition against another party. This is often used in employment contracts to prevent former employees from competing with their former employers.
these are set of answers for the above questions. "What is a contract for restraint of trade"
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A contract for restraint of trade is generally assessed based on whether it is reasonable and not against public policy. The most accurate option is:
b. is void unless the restraint is reasonable from the promisor's perspective and not against public policy.
This means the restraint must be fair and not excessively restrictive.
A contract for restraint of trade is generally assessed based on whether it is reasonable and not against public policy. The most accurate option is:
b. is void unless the restraint is reasonable from the promisor's perspective and not against public policy.
This means the restraint must be fair and not excessively restrictive.
To be void for illegality a contract must be, a. a contract for the sales of a taxi license against the provision of legislation. b. a contract for the sale of land without prior approval of the minister. c. illegal in creation and ilegal in performance. d. against public policy or in express or implied contradiction with a statue.
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To be void for illegality, a contract must be "d. against public policy or in express or implied contradiction with a statute." This means the contract must violate the law or be against the established norms and morals of society.
To be void for illegality, a contract must be "d. against public policy or in express or implied contradiction with a statute." This means the contract must violate the law or be against the established norms and morals of society.
which of the following has been held in the case law does not amount to a special relationship for the purpose of undue influence. a. spiritual adviser- religious devotee b. bank manager- client. c. solicitor- client, d. doctor- patient.
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In the context of undue influence and special relationships, "b. bank manager-client" has generally been held not to amount to a special relationship.
In the context of undue influence and special relationships, "b. bank manager-client" has generally been held not to amount to a special relationship.
which of the following is not an element of actionable misrepresentation. a. false statement of existing or past fact or non-disclosure of a material fact. b. the false statement did in fact induce the representee to enter into the contract. c the false statement was made with the intention to induce the representee to enter into the contract. d. a false statement made at the time the contract was made or before the contract was made.
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The correct answer is d. a false statement made at the time the contract was made or before the contract was made.
This is because an actionable misrepresentation does require that the false statement induce the representee and be intended to do so; however, the timing of the statement (whether made at or before the contract) is not an element.
The correct answer is d. a false statement made at the time the contract was made or before the contract was made.
This is because an actionable misrepresentation does require that the false statement induce the representee and be intended to do so; however, the timing of the statement (whether made at or before the contract) is not an element.
Recession of a contract will defeat the interest of a bone fide third party purchaser for value without notice. true or false
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False. Rescission of a contract generally does not defeat the interest of a bona fide third party purchaser for value without notice. Such purchasers are typically protected because they acted in good faith without knowledge of the original contract issues.
False. Rescission of a contract generally does not defeat the interest of a bona fide third party purchaser for value without notice. Such purchasers are typically protected because they acted in good faith without knowledge of the original contract issues.
where the subject matter of a contract did not exist at the time the contract was made, the court are likely to hold that the contract is, a. voidable on the ground of common mistake. b. void on the ground of unilateral mistake. c. void on the ground of mutual mistake. d. void on the ground of common mistakes.
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In the scenario where the subject matter of a contract did not exist at the time the contract was made, the court is likely to hold that the contract is:
- d. void on the ground of common mistakes.
This is because both parties were operating under a mistaken belief about a fundamental aspect of the contract.
In the scenario where the subject matter of a contract did not exist at the time the contract was made, the court is likely to hold that the contract is:
- d. void on the ground of common mistakes.
This is because both parties were operating under a mistaken belief about a fundamental aspect of the contract.
a beneficial contract of service is most likely to be a contract where the minor receives. a. goods and service which benefit the minor. b. employment, apprenticeship or training. c. housekeeping service. d. educational service.
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The correct answer is b. employment, apprenticeship or training. A beneficial contract of service for a minor is typically one that provides employment, apprenticeship, or training, as it is designed to enhance their skills and future earning potential.
The correct answer is b. employment, apprenticeship or training. A beneficial contract of service for a minor is typically one that provides employment, apprenticeship, or training, as it is designed to enhance their skills and future earning potential.
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