Question: Explain how fraudulent, negligent, and innocent misrepresentations differ. Identify the remedies that are available for each type of misrepresentation. What happens when a misrepresentation becomes
Explain how fraudulent, negligent, and innocent misrepresentations differ. Identify the remedies that are available for each type of misrepresentation.
What happens when a misrepresentation becomes a term of the contract?
Under what circumstances can silence or a statement of opinion become misrepresentation?
What factors may affect the availability of the remedy of rescission?
Distinguish among duress, undue influence, and unconscionability and give examples of each.
A mistake may result in a contract being declared void or voidable. What difference does it make if a contract is merely voidable?
When will a misunderstanding as to the terms of a contract cause that contract to be void?
Distinguish among shared mistakes, misunderstandings, and onesided mistakes.
What approach will the courts usually take when the mistake involves disagreement about the meaning of the contract?
What must a party to a contract show to obtain rectification of a document?
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