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Business Law ConcentrateLaw Revision and Study Guide

Business Law Concentrate: Law Revision and Study Guide (4th edn)

James Marson and Katy Ferris
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date: 03 October 2022

p. 323. Contract II: mistake, misrepresentation, duress, and undue influencelocked

p. 323. Contract II: mistake, misrepresentation, duress, and undue influencelocked

  • James MarsonJames MarsonPrincipal Lecturer in Law, Sheffield Hallam University
  •  and Katy FerrisKaty FerrisAssistant Professor in Business Law, University of Nottingham

Abstract

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for and how to achieve extra marks. This chapter considers contract law and the factors that may affect the contract or its validity: mistake, misrepresentation, duress, and undue influence. A contract may be held void due to a fundamental mistake, as the parties did not have a true agreement. An action under misrepresentation is available if an untrue representation is considered ‘actionable’. If a contract is established on the basis of violence (or a threat), or unlawful economic pressure, this may be considered to be a case of duress. Where undue influence has been used to form the contract, it will be voidable.

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