LAW 122 Lecture Notes - Lecture 7: Kijiji, Outline Of Air Pollution Dispersion, Fire Retardant
Document Summary
How communications made during the course of negotiations find their way into a contract. How contractual terms are interpreted and understood "". In contrast if you promise to sell a 2015, then it is part of contract and you have breached. Is it promised in the contract vs is it just a state of fact. Puff: this is the best car in the world . Speaker is innocent of any fraudulent or negligent conduct with respect to the false statement. Statement is false and made to induce party to enter contract. Party receiving statement is reasonably induced to enter the contract because of it. Party making statement is careless, reckless or cavalier to the truth of the statement. Receiving party incurs damage due to reasonable reliance on statement. General rules: damages may or may not be awarded, rescission available. Statement is false and made to the other party.
