LAW 122 Lecture Notes - Lecture 8: Consumer Protection, Golden Rule
7 Mar 2018
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Document Summary
Representations are possible for misrepresentation; they induce the contract. Not part of the contract but they count have consequences misrepresentation) Contractual promises have certain consequences, because thy become terms of contract upon acceptance upon them. You can make a claim for breach of contract successfully if this is false. Statements made during negotiations are enforceable upon contract signing; promise for future performance. Recitals: intro statement about background of transaction or existence of certain facts: contract made with reference to xyz facts. Also, a brief statement of parties interests coming into contract. Name of people or business entities info about parties involved, legal names, bdas, sate of incorporation should be all used along wth contact info for each, including but not limited to addresses, phone numbers, and emails. Competent parties: if one party is shown to be mentally incompetent at time of. This involves under influence, disability, or drugs, or influence from external threats etc. and if party 1 was aware.
