LAW 122 Study Guide - Midterm Guide: Guesstimate, Undeclared, Reasonable Person

• School: Ryerson University
• Department: Law and Business
• Course: LAW 122
• Professor: Theresa Miedema

Document Summary

Elements of law that apply to the case. Precontractual statement: what is the legal issue in this case? o. Laws/ legal test: misrepresentaion a false statement of an exising fact that causes the recipient to enter into a contract. Applicaion of the law to the facts o. The perry couple will not be able to sue successfully for misrepresentaion as it is a nonfactual statement. Case study: pg258q1 erin, 16yo voiding car contract - Minors: what is the legal issue in this case? o o. Age of majority has the capacity to give consent. Minor have not reached the age of majority. Erin can void the contract to avoid the legal obligaion to the car. Erin is a minor that can elect to void the contract regarding her vehicle with the dealership. Case study: pg258q3 bank and credit card - Applicaion of the law to the facts o o.