Podcast
Questions and Answers
What items were necessarily incurred under the contract for which indemnity could be claimed?
What items were necessarily incurred under the contract for which indemnity could be claimed?
What was the main reason for the claimant's request for an indemnity in the case discussed?
What was the main reason for the claimant's request for an indemnity in the case discussed?
Which of the following costs could NOT be covered by the indemnity according to the content?
Which of the following costs could NOT be covered by the indemnity according to the content?
When is an indemnity most likely to be claimed?
When is an indemnity most likely to be claimed?
Signup and view all the answers
Which of the following losses could the claimant NOT claim indemnity for?
Which of the following losses could the claimant NOT claim indemnity for?
Signup and view all the answers
What is a situation where silence may amount to misrepresentation?
What is a situation where silence may amount to misrepresentation?
Signup and view all the answers
Which type of contract is held to a standard of utmost good faith?
Which type of contract is held to a standard of utmost good faith?
Signup and view all the answers
In the case of Curtis v Chemical Cleaning and Dyeing, what type of misrepresentation was present?
In the case of Curtis v Chemical Cleaning and Dyeing, what type of misrepresentation was present?
Signup and view all the answers
Which of the following describes a half-truth in advertising?
Which of the following describes a half-truth in advertising?
Signup and view all the answers
What must a statement be, to qualify as misrepresentation?
What must a statement be, to qualify as misrepresentation?
Signup and view all the answers
Which situation may lead to a misrepresentation due to a change in circumstances?
Which situation may lead to a misrepresentation due to a change in circumstances?
Signup and view all the answers
What is generally true about silence in a contractual context?
What is generally true about silence in a contractual context?
Signup and view all the answers
Which factor is not an exception to the general rule about silence and misrepresentation?
Which factor is not an exception to the general rule about silence and misrepresentation?
Signup and view all the answers
What must a claimant do to formally rescind a contract if the other party does not cooperate?
What must a claimant do to formally rescind a contract if the other party does not cooperate?
Signup and view all the answers
What is the primary aim of rescission in a contract?
What is the primary aim of rescission in a contract?
Signup and view all the answers
In the case of Car and Universal Finance Co Ltd v Caldwell, what action did the innocent party take?
In the case of Car and Universal Finance Co Ltd v Caldwell, what action did the innocent party take?
Signup and view all the answers
What happens to ownership of the car when rescission is properly executed?
What happens to ownership of the car when rescission is properly executed?
Signup and view all the answers
What should each party do if a contract is rescinded?
What should each party do if a contract is rescinded?
Signup and view all the answers
In the example provided, what amount was Zena still required to pay Keith for the car?
In the example provided, what amount was Zena still required to pay Keith for the car?
Signup and view all the answers
What is the primary aim of the court in cases of misrepresentation?
What is the primary aim of the court in cases of misrepresentation?
Signup and view all the answers
What can the effect of misrepresentation during a contract include?
What can the effect of misrepresentation during a contract include?
Signup and view all the answers
What is one condition that prevents rescission of a contract?
What is one condition that prevents rescission of a contract?
Signup and view all the answers
Under which condition might a claimant not recover damages under section 2(1) of the Misrepresentation Act 1967?
Under which condition might a claimant not recover damages under section 2(1) of the Misrepresentation Act 1967?
Signup and view all the answers
What must happen to the car if Zena rescinds her contract with Keith?
What must happen to the car if Zena rescinds her contract with Keith?
Signup and view all the answers
How can affirmation of a contract be displayed?
How can affirmation of a contract be displayed?
Signup and view all the answers
What does undue delay refer to in the context of rescission?
What does undue delay refer to in the context of rescission?
Signup and view all the answers
How is the recovery of damages for misrepresentation different from standard remoteness rules?
How is the recovery of damages for misrepresentation different from standard remoteness rules?
Signup and view all the answers
What happens if rescission is barred by undue delay according to section 2(2) of the Misrepresentation Act 1967?
What happens if rescission is barred by undue delay according to section 2(2) of the Misrepresentation Act 1967?
Signup and view all the answers
In the case of Leaf v International Galleries, what contributed to the failure of the claimant's rescission claim?
In the case of Leaf v International Galleries, what contributed to the failure of the claimant's rescission claim?
Signup and view all the answers
When does time for an innocent party begin to run concerning a misrepresentation?
When does time for an innocent party begin to run concerning a misrepresentation?
Signup and view all the answers
When providing advice to a client regarding a false preliminary statement, what should be the primary focus?
When providing advice to a client regarding a false preliminary statement, what should be the primary focus?
Signup and view all the answers
Which of the following is a potential consequence of affirming a misrepresented contract?
Which of the following is a potential consequence of affirming a misrepresented contract?
Signup and view all the answers
What primarily differentiates fraudulent misrepresentation from other types in relation to rescission?
What primarily differentiates fraudulent misrepresentation from other types in relation to rescission?
Signup and view all the answers
Which statement best reflects the concept of rescission?
Which statement best reflects the concept of rescission?
Signup and view all the answers
What must a party prove to allege fraudulent misrepresentation?
What must a party prove to allege fraudulent misrepresentation?
Signup and view all the answers
In the case of fraudulent misrepresentation, how are damages typically assessed?
In the case of fraudulent misrepresentation, how are damages typically assessed?
Signup and view all the answers
Why can damages for fraudulent misrepresentation be more extensive than typical tort damages?
Why can damages for fraudulent misrepresentation be more extensive than typical tort damages?
Signup and view all the answers
What was the primary issue in the case of East v Maurer?
What was the primary issue in the case of East v Maurer?
Signup and view all the answers
What can be a challenge in proving fraudulent misrepresentation?
What can be a challenge in proving fraudulent misrepresentation?
Signup and view all the answers
What would East have done if he had not relied on the false statement made by Maurer?
What would East have done if he had not relied on the false statement made by Maurer?
Signup and view all the answers
Which principle does the court aim to achieve when assessing damages for misrepresentation?
Which principle does the court aim to achieve when assessing damages for misrepresentation?
Signup and view all the answers
What is a key characteristic of a statement made honestly in the context of fraudulent misrepresentation?
What is a key characteristic of a statement made honestly in the context of fraudulent misrepresentation?
Signup and view all the answers
What distinguishes the statement made by the seller in Smith v Land and House Property Corporation from that made in Bisset v Wilkinson?
What distinguishes the statement made by the seller in Smith v Land and House Property Corporation from that made in Bisset v Wilkinson?
Signup and view all the answers
Under what condition might a statement of opinion lead to misrepresentation?
Under what condition might a statement of opinion lead to misrepresentation?
Signup and view all the answers
Which of the following items could be claimed for indemnity under the lease obligations?
Which of the following items could be claimed for indemnity under the lease obligations?
Signup and view all the answers
In the context of misrepresentation, what determines whether a statement of intention can be deemed misleading?
In the context of misrepresentation, what determines whether a statement of intention can be deemed misleading?
Signup and view all the answers
What was the true purpose of the loan in Edgington v Fitzmaurice that constituted misrepresentation?
What was the true purpose of the loan in Edgington v Fitzmaurice that constituted misrepresentation?
Signup and view all the answers
Which of the following conditions makes an indemnity claim more likely to be sought?
Which of the following conditions makes an indemnity claim more likely to be sought?
Signup and view all the answers
What primary factor differentiates a statement made in Smith from an opinion expressed in Bisset?
What primary factor differentiates a statement made in Smith from an opinion expressed in Bisset?
Signup and view all the answers
What is the primary distinction regarding losses incurred under the lease in the context of indemnity claims?
What is the primary distinction regarding losses incurred under the lease in the context of indemnity claims?
Signup and view all the answers
Why did the claimant in Whittington v Seale-Hayne seek an indemnity rather than damages?
Why did the claimant in Whittington v Seale-Hayne seek an indemnity rather than damages?
Signup and view all the answers
What implication arises when a person who knows the true facts makes a statement of opinion?
What implication arises when a person who knows the true facts makes a statement of opinion?
Signup and view all the answers
Which of the following statements about the claimant's losses is correct regarding indemnity claims?
Which of the following statements about the claimant's losses is correct regarding indemnity claims?
Signup and view all the answers
Which legal principle was highlighted in the case of Smith v Land and House Property Corporation?
Which legal principle was highlighted in the case of Smith v Land and House Property Corporation?
Signup and view all the answers
In legal terms, what aspect should be considered when assessing misrepresentation in intentions?
In legal terms, what aspect should be considered when assessing misrepresentation in intentions?
Signup and view all the answers
What effect does the Royscot case have on the tort of deceit?
What effect does the Royscot case have on the tort of deceit?
Signup and view all the answers
In the case of Howard Marine & Dredging v Ogden, why did the defendant fail to prove their defense?
In the case of Howard Marine & Dredging v Ogden, why did the defendant fail to prove their defense?
Signup and view all the answers
What must the claimant establish to receive damages under section 2(1) of the Misrepresentation Act 1967?
What must the claimant establish to receive damages under section 2(1) of the Misrepresentation Act 1967?
Signup and view all the answers
What perspective did Lord Steyn express regarding morally innocent individuals in his judgment?
What perspective did Lord Steyn express regarding morally innocent individuals in his judgment?
Signup and view all the answers
What does section 2(1) of the Misrepresentation Act 1967 state regarding the burden of proof?
What does section 2(1) of the Misrepresentation Act 1967 state regarding the burden of proof?
Signup and view all the answers
What made the defendant's reliance on Lloyd's Register questionable in Howard Marine & Dredging v Ogden?
What made the defendant's reliance on Lloyd's Register questionable in Howard Marine & Dredging v Ogden?
Signup and view all the answers
What implication does Balcombe LJ's interpretation suggest regarding expressing views in court?
What implication does Balcombe LJ's interpretation suggest regarding expressing views in court?
Signup and view all the answers
How does the measure of damages differ under section 2(1) compared to tort of deceit?
How does the measure of damages differ under section 2(1) compared to tort of deceit?
Signup and view all the answers
What defines a representation in the context of contract law?
What defines a representation in the context of contract law?
Signup and view all the answers
Which element, when false, allows for a remedy for breach of contract?
Which element, when false, allows for a remedy for breach of contract?
Signup and view all the answers
What is the likely initial focus when a false preliminary statement is made in a commercial contract?
What is the likely initial focus when a false preliminary statement is made in a commercial contract?
Signup and view all the answers
Which type of statement does NOT generally allow for any right of action?
Which type of statement does NOT generally allow for any right of action?
Signup and view all the answers
What typically influences the decision-making process regarding liability for false preliminary statements in contracts?
What typically influences the decision-making process regarding liability for false preliminary statements in contracts?
Signup and view all the answers
In which scenario is a false preliminary statement likely to be actionable?
In which scenario is a false preliminary statement likely to be actionable?
Signup and view all the answers
What is the primary purpose of distinguishing between types of false statements in contract law?
What is the primary purpose of distinguishing between types of false statements in contract law?
Signup and view all the answers
Which of the following best describes a 'mere puff' in the context of contract negotiations?
Which of the following best describes a 'mere puff' in the context of contract negotiations?
Signup and view all the answers
Under section 2(1), when can a party to a contract claim damages?
Under section 2(1), when can a party to a contract claim damages?
Signup and view all the answers
What is required for the defendant to avoid liability under section 2(1)?
What is required for the defendant to avoid liability under section 2(1)?
Signup and view all the answers
How does the liability under section 2(1) compare to the tort of deceit?
How does the liability under section 2(1) compare to the tort of deceit?
Signup and view all the answers
What does the phrase 'so liable' in section 2(1) imply according to Balcombe LJ's interpretation?
What does the phrase 'so liable' in section 2(1) imply according to Balcombe LJ's interpretation?
Signup and view all the answers
What type of damages is associated with negligent misrepresentation under section 2(1)?
What type of damages is associated with negligent misrepresentation under section 2(1)?
Signup and view all the answers
What is the legal consequence if a misrepresentation is made by a party who did not have reasonable grounds to believe it was true?
What is the legal consequence if a misrepresentation is made by a party who did not have reasonable grounds to believe it was true?
Signup and view all the answers
Which of the following best describes a claimant's burden of proof when alleging misrepresentation under section 2(1)?
Which of the following best describes a claimant's burden of proof when alleging misrepresentation under section 2(1)?
Signup and view all the answers
What is the primary purpose behind the introduction of section 2(1) regarding damages for negligent misrepresentation?
What is the primary purpose behind the introduction of section 2(1) regarding damages for negligent misrepresentation?
Signup and view all the answers
What is required for a statement to qualify as a misrepresentation?
What is required for a statement to qualify as a misrepresentation?
Signup and view all the answers
Which aspect is NOT essential when establishing a claim for misrepresentation?
Which aspect is NOT essential when establishing a claim for misrepresentation?
Signup and view all the answers
What may bar Michael from rescinding the contract after a six-month delay?
What may bar Michael from rescinding the contract after a six-month delay?
Signup and view all the answers
What must Andrea demonstrate to avoid liability under section 2(1) of the Misrepresentation Act 1967?
What must Andrea demonstrate to avoid liability under section 2(1) of the Misrepresentation Act 1967?
Signup and view all the answers
Which of these conditions could compromise Michael's claim of misrepresentation against Andrea?
Which of these conditions could compromise Michael's claim of misrepresentation against Andrea?
Signup and view all the answers
What is the effect of misrepresentation on a contract?
What is the effect of misrepresentation on a contract?
Signup and view all the answers
Which of the following scenarios would most likely support a claim for damages without rescission?
Which of the following scenarios would most likely support a claim for damages without rescission?
Signup and view all the answers
In the context of misrepresentation, which statement is a characteristic of a fraudulent misrepresentation?
In the context of misrepresentation, which statement is a characteristic of a fraudulent misrepresentation?
Signup and view all the answers
What was the court's reasoning for not rescinding the variation due to economic duress?
What was the court's reasoning for not rescinding the variation due to economic duress?
Signup and view all the answers
What key factor must be established to prove duress in a contract variation?
What key factor must be established to prove duress in a contract variation?
Signup and view all the answers
Why was the claimants' payment ultimately regarded as affirmation of the contract?
Why was the claimants' payment ultimately regarded as affirmation of the contract?
Signup and view all the answers
Which outcome does economic duress primarily lead to regarding contracts or variations?
Which outcome does economic duress primarily lead to regarding contracts or variations?
Signup and view all the answers
What is indicated by the delay in the claimants' request for a return of the extra payment?
What is indicated by the delay in the claimants' request for a return of the extra payment?
Signup and view all the answers
In the context of the case discussed, what could have been a wise strategy for the ship owners after delivery?
In the context of the case discussed, what could have been a wise strategy for the ship owners after delivery?
Signup and view all the answers
Which legal principle is essential to establish when proving economic duress?
Which legal principle is essential to establish when proving economic duress?
Signup and view all the answers
What impact does economic duress have on the contracts involved?
What impact does economic duress have on the contracts involved?
Signup and view all the answers
What is essential for a party to rescind a contract based on duress?
What is essential for a party to rescind a contract based on duress?
Signup and view all the answers
Which of the following best describes the limitations of duress in contract law?
Which of the following best describes the limitations of duress in contract law?
Signup and view all the answers
In the context of duress and undue influence, which scenario would NOT typically constitute duress?
In the context of duress and undue influence, which scenario would NOT typically constitute duress?
Signup and view all the answers
What must be demonstrated for a claim of undue influence to be valid in a contractual context?
What must be demonstrated for a claim of undue influence to be valid in a contractual context?
Signup and view all the answers
What implication does the case of Barton v Armstrong have for understanding duress?
What implication does the case of Barton v Armstrong have for understanding duress?
Signup and view all the answers
What was the basis of Kafco's successful defense against the claim for extra payment?
What was the basis of Kafco's successful defense against the claim for extra payment?
Signup and view all the answers
Why did Kafco argue that Atlas Express had given no consideration for its promise of extra money?
Why did Kafco argue that Atlas Express had given no consideration for its promise of extra money?
Signup and view all the answers
Which condition would most likely classify a contract as voidable due to undue influence?
Which condition would most likely classify a contract as voidable due to undue influence?
Signup and view all the answers
Under what condition can the principle established in Williams v Roffey not apply?
Under what condition can the principle established in Williams v Roffey not apply?
Signup and view all the answers
What role does consideration play in contracts affected by duress or undue influence?
What role does consideration play in contracts affected by duress or undue influence?
Signup and view all the answers
What distinguishes economic duress from traditional duress in contract law?
What distinguishes economic duress from traditional duress in contract law?
Signup and view all the answers
What aspect of economic duress is emphasized by early cases?
What aspect of economic duress is emphasized by early cases?
Signup and view all the answers
What was the consequence of Kafco's agreement being obtained by illegitimate pressure?
What was the consequence of Kafco's agreement being obtained by illegitimate pressure?
Signup and view all the answers
Which case established the principle that performing an existing contractual obligation can be considered good consideration under certain conditions?
Which case established the principle that performing an existing contractual obligation can be considered good consideration under certain conditions?
Signup and view all the answers
What is a significant distinction between cases of economic duress and cases where consent is absent?
What is a significant distinction between cases of economic duress and cases where consent is absent?
Signup and view all the answers
How does economic duress affect the renegotiation of a contract?
How does economic duress affect the renegotiation of a contract?
Signup and view all the answers
What is the primary consequence of a contract being deemed voidable due to undue influence?
What is the primary consequence of a contract being deemed voidable due to undue influence?
Signup and view all the answers
In cases of economic duress in a commercial context, what burden does the innocent party carry?
In cases of economic duress in a commercial context, what burden does the innocent party carry?
Signup and view all the answers
What role does a solicitor's confirmation play in cases of alleged undue influence?
What role does a solicitor's confirmation play in cases of alleged undue influence?
Signup and view all the answers
What must a lender establish if there is a non-commercial relationship between the debtor and the surety?
What must a lender establish if there is a non-commercial relationship between the debtor and the surety?
Signup and view all the answers
What is one key distinction between duress and undue influence in contract law?
What is one key distinction between duress and undue influence in contract law?
Signup and view all the answers
What is the potential liability of a finance company in cases where undue influence is established?
What is the potential liability of a finance company in cases where undue influence is established?
Signup and view all the answers
Which of the following conditions allows a surety to rescind a surety agreement?
Which of the following conditions allows a surety to rescind a surety agreement?
Signup and view all the answers
What is implied by the concept of 'constructive notice' for a lender?
What is implied by the concept of 'constructive notice' for a lender?
Signup and view all the answers
In what scenario might the presumption of undue influence be rebutted?
In what scenario might the presumption of undue influence be rebutted?
Signup and view all the answers
What action should a lender take if they are considered 'on inquiry' regarding undue influence?
What action should a lender take if they are considered 'on inquiry' regarding undue influence?
Signup and view all the answers
What is the default consequence if a lender does not take reasonable steps following the identification of undue influence?
What is the default consequence if a lender does not take reasonable steps following the identification of undue influence?
Signup and view all the answers
What does the term 'actual undue influence' refer to in this context?
What does the term 'actual undue influence' refer to in this context?
Signup and view all the answers
What is typically assessed when considering the position of a bank concerning undue influence?
What is typically assessed when considering the position of a bank concerning undue influence?
Signup and view all the answers
What is the main legal issue George faces regarding the increase in the delivery charge?
What is the main legal issue George faces regarding the increase in the delivery charge?
Signup and view all the answers
Which case illustrates the principle that existing contractual obligations cannot serve as sufficient consideration for a new contract?
Which case illustrates the principle that existing contractual obligations cannot serve as sufficient consideration for a new contract?
Signup and view all the answers
Given the circumstances, what would likely be deemed inadequate consideration in George's situation?
Given the circumstances, what would likely be deemed inadequate consideration in George's situation?
Signup and view all the answers
What element of contract law is fundamentally tested by George’s acceptance of Mercator's new terms?
What element of contract law is fundamentally tested by George’s acceptance of Mercator's new terms?
Signup and view all the answers
What does the term 'consideration' refer to in the context of contract law?
What does the term 'consideration' refer to in the context of contract law?
Signup and view all the answers
If George were to pursue reclaiming the extra £200, which argument is least likely to support his case?
If George were to pursue reclaiming the extra £200, which argument is least likely to support his case?
Signup and view all the answers
In the context of variations to a contract, which aspect must be established for the variation to be valid?
In the context of variations to a contract, which aspect must be established for the variation to be valid?
Signup and view all the answers
What could be a significant consequence of George's acceptance to pay the extra £200?
What could be a significant consequence of George's acceptance to pay the extra £200?
Signup and view all the answers
Study Notes
False Preliminary Statements
- Learning Outcomes:
- Distinguish types of pre-contractual statements.
- Apply court guidelines regarding misrepresentation.
- Understand the relationship between contract and tort law, referencing misrepresentation and breach of contract actions.
False Preliminary Statements Made by a Contracting Party
-
Pre-contractual statements can be:
- Mere puffs (exaggerated claims, no legal action).
- Express terms (part of the contract, breach of contract remedies apply).
- Representations (statements inducing contract, but not part of it; if untrue, possible misrepresentation).
-
Understanding these distinctions is crucial in contract law, especially in cases involving significant financial value.
-
A false preliminary statement may be actionable if it amounts to a breach of an express term or a misrepresentation.
-
Parties in high-value contracts often seek assurances about what they are purchasing.
-
Exclusion clauses limiting liability for false preliminary statements are common in commercial contracts; these clauses are subject to the reasonableness test under UCTA 1977.
Distinguishing Between Terms and Representations
- Primary test for determining statement type is common intention of parties at contract formation.
- Court considers factors like:
- Party with greater skill or knowledge in subject matter (expert to non-expert statements; Oscar Chess Ltd v Williams, Dick Bentley Productions Ltd v Harold Smith (Motors) Ltd).
- Verbal statements repeated in the written contract.
- Clarity of statement's importance to recipient (emphasizing statement; Bannerman v White).
- If party requested verification of the statement (e.g., requesting a survey; Ecay v Godfrey, requesting a survey).
- Time duration between the statement and contract (longer time suggests representation; Routledge v McKay).
- Verbal statements repeated in a written contract prior to agreement are strong evidence as terms.
- If the recipient emphasizes the statement's significance, it's more likely a contractual term.
- If the statement maker encourages verification or the recipient requests verification, the statement is likely a representation.
- Longer time intervals between statement and contract suggest a representation. An example is Routledge v McKay (1954).
- A statement made by a party with superior knowledge is more likely to be a term. Conversely, a statement by a party lacking specific knowledge is more likely a representation.
Misrepresentation
- Misrepresentation is a false statement, made before contract and inducing contract, that's actionable.
- Statement can be oral, written, or by conduct (e.g., Spice Girls v Aprilia).
- Silence is generally not a misrepresentation, but exceptions exist if:
- Fiduciary relationship exists (e.g., solicitor/client).
- Contract demands utmost good faith (e.g., insurance).
- Half-truth distorts a previous statement (e.g., Curtis v Chemical Cleaning and Dyeing; a previous statement is distorted because a critical part of the statement was omitted).
- A change in circumstance that renders a previously true statement now untrue (With v O'Flanagan).
- Statement must be a fact, not an opinion, unless the opinion lacks a reasonable basis or is made by someone with superior knowledge (Smith v Land & House Property Corporation, Bisset v Wilkinson).
- The statement must induce the party to enter into the contract (Edgington v Fitzmaurice, Attwood v Small).
Burden of Proof
- The party alleging misrepresentation bears the burden of proof.
Remedies for Misrepresentation
- Rescission:
- Contract voidable, subject to rescission notice.
- If rescission is sought, parties return to pre-contractual positions (e.g., return of money, goods).
- Bars to rescission:
- Bona fide purchaser of contract asset before rescission.
- Affirmation (implied or explicit acceptance of the contract).
- Undue delay in pursuing rescission (Leaf v International Galleries).
- Restitution (return to original state) is impossible.
- Damages:
- Possible remedy if a misrepresentation was fraudulent or negligent (
s. 2(1) Misrepresentation Act 1967
). - Fraudulent misrepresentation - damages for all reasonably foreseeable losses (Derry v Peek).
- Non-fraudulent misrepresentation
s. 2(1) MA 1967
- damages for reasonably foreseeable losses unless the defendant acted in good faith at the time (Royscot Trust Ltd v Rogerson, Smith New Court Ltd v Scrimgeour Vickers Ltd). - Damages can be awarded in lieu of rescission under
s. 2(2)
if it is equitable to do so.
- Possible remedy if a misrepresentation was fraudulent or negligent (
Negligent Misstatements
- Potential for a suit based on negligent misstatement if damages result (Hedley Byrne & Co Ltd v Heller & Partners Ltd). Generally, pure economic loss is not recoverable in a negligence case unless a special relationship exists (e.g., expert giving advise relying on information they supply).
Conclusion
- Key points: Identify contract existence, classify false statements (terms vs representations), assess misrepresentation (and its proof), consider remedies, especially rescission and damages, and negligent misstatements. Consider if an exclusion clause exists. Also, consider the circumstances to determine whether it is a term of the contract or a mere representation. Be mindful of any potential procedural time constraints.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge on contract law and indemnity provisions. This quiz covers essential concepts including misrepresentation, utmost good faith contracts, and the nuances of claiming indemnity. Dive in to solidify your understanding of key legal principles.