2023년 2월 9일 목요일

What are the vitiating elements in English contract law?

Vitiating elements in English contract law are factors that can render a contract void or unenforceable. The following are the main vitiating elements in English contract law: Misrepresentation: A false statement of fact made by one party to induce the other party to enter into a contract, which causes loss or harm. Duress: The use of coercion or force to induce a party to enter into a contract. Undue influence: The use of a position of power or trust to induce a party to enter into a contract. Mistake: A shared or unilateral mistake about the subject matter of the contract or a mistake of law. Illegality: If the subject matter of the contract is illegal or contrary to public policy. Unconscionability: A contract that is so one-sided and oppressive that it is considered unfair and against public policy. Capacity: A contract entered into by a person who lacks the legal capacity to contract, such as a minor or a person of unsound mind. In summary, the main vitiating elements in English contract law are misrepresentation, duress, undue influence, mistake, illegality, unconscionability, and capacity. The presence of any of these elements can render a contract void or unenforceable.

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