COMM 315 Chapter Notes - Chapter 8: Standard Form Contract, Septic Tank

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What is the position of the various parties (usually 2 parties) A case of fraud one of the essential elements in the formation of a contract. Malik owned property which he put up for sale. Malik had tried to sell it a few times in the past, both times he listed in the septic system. Giroux bought it in december 1999 description of the property and disclosures he made disclosures to the effect that there was a problem with installing a septic tank. Doesn"t have a municipal system, so every house needs its own septic tank. Malik"s property was not well drained, so the municipality wouldn"t allow to put in a septic tank. So he"s selling a building lot on which you cannot build because you need a. Third time around, he advertises for sale and doesn"t disclose the septic issue.

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