This lesson contains 27 slides, with interactive quizzes, text slides and 3 videos.
Lesson duration is: 60 min
Items in this lesson
Factors which invalidate or vitiate contracts
Week 2
Slide 1 - Slide
This week you:
* learn about factors which invalidate or vitiate contracts
* Learn from 2 case studies
* prepare a report that describes the essential elements of a contract.
* Create a class contract with your teacher regarding your grades.
Slide 2 - Slide
What does vitiate mean?
A
to invalidate
B
to warrantee
C
to mitigate
D
to corrupt
Slide 3 - Quiz
Misrepresentation
Contracts are often started with negotiations between parties.
These negotiations are a series of representations forming the basis of the contract itself. If these representations are misrepresentations, then the contract is in doubt.
Slide 4 - Slide
A misrepresentation is...
a false statement of fact made by one party to the other party before the contract is made to convince the other party to enter into the contract.
(een leugen als lokkertje)
Slide 5 - Slide
If the person to whom the statement was made tries to check the statement, then they clearly already have doubts and the statement cannot be a misrepresentation.
Why cannot the statement be a misrepresentation in this case? (Write down in your notes)
Slide 6 - Slide
Types of misrepresentation, resulting in a voidable contract:
- Fraudulent
- Negligent
- Innocent
Slide 7 - Slide
What 4 types of information HAVE to be dislosed?
Slide 8 - Open question
Explain why a statement will not be considered a misrepresentation?
Slide 9 - Mind map
Slide 10 - Video
What can result in a voidable contract?
Slide 11 - Mind map
An opinion can be considered to be a misrepresentation
A
True
B
False
Slide 12 - Quiz
Slide 13 - Slide
Activity
- Read pages 90/91 about misrepresentation and make notes/a summery
- Do case study Spice Girls Ltd. v Aprilia World Service BV (2000)
- Do case study Hedley Byrne & Co. Ltd v Heller & Partners (1963)
Upload both outcomes of case studies onto Moodle.
Slide 14 - Slide
Next time
- Check case studies
- Quiz Chapter 1
- Assessment activity 21.1
Slide 15 - Slide
Slide 16 - Video
Slide 17 - Video
Fraudulent misrepresention
Slide 18 - Mind map
Explain the difference between a negligent- and an innocent misrepresentation.
Slide 19 - Open question
Activity
Read page 92 (Mistake, Duress and Undue influence)
- Make u summary in your own words.
- Switch summaries with the student next to you
- Check each others summary.
(next: a quiz to test what you already know)
Slide 20 - Slide
What are the four main elements in a contract?
A
Acceptance, Consideration, Capacity and Offer
B
Terms, conditions, Offer and Offeree
C
Offer, Offeree, signature and terms
D
Acceptance, Considaration, Capacity and Offeree
Slide 21 - Quiz
Two friends have decided to form a partnership. One of them enters into an agreement on behalf of the partnership. Who is liable on this contract?
Slide 22 - Open question
What are the three types of misrepresentation?
A
False, Innocent, Mistaken
B
Fraudulent, Innocent and Negligent
C
Fraudulent, Mistaken, Negligent.
Slide 23 - Quiz
There are two types of contracts that minors can enter into. Which two?
A
Employment and Renting a house
B
Supply of necessary goods and consideration
C
Supply of necessary goods and Employment
D
Consideration and renting a house
Slide 24 - Quiz
Explain consideration
Slide 25 - Open question
An offer was made to sell goods by a company. The offer was accepted by the buyer, but he wanted to know if payment could be done in terms. The buyer, having heard nothing, accepted the offer by sending a formal letter.
False
True
A. the offer is not legally binding.
B. A counter-offer has been made.
Slide 26 - Drag question
Last activity for today
MAKE A CONTRACT - Your teacher will hand out the assignment for you to do.