Management and Organizational Studies 2275A/B Lecture Notes - Lecture 4: Fundamental Breach, Undue Influence

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

Document Summary

The ability to enter into a contract. Public policy big thing in business now is non-competition covenants which are sometimes non-enforceable because they are contrary to public policy. Duress when someone uses the treat of harm or actual hard to force a contract. Undue influence one party uses position of power to influence a contract. Only when the identity of the person matters (wedding singer vs. buying cars: 4th form typo where you have an error that is clearly a clerical error the court with rectify it. Misrepresentation: situation i come to you for a machine and say it is important that it has a certain capacity, you show one that you claim fits the bill & offer a price, i accept. I take the machine and it doesn"t do what he said. Since there is no term the only remedy is to rescind.