Contract Law - Vitiating Factors Flashcards
Definition of misrep
A statement of material fact made by one party to the contract to an alternate party to the contract, which was intended to operate and did operate as an inducement which was untrue
Bisset v Wilkinson
Misrep is a statement of material fact
Atwood v small
The statement was intended to operate and did operate as an inducement
Couchman v hill
Statement is untrue or incorrectly stated
Fraudulent misrepresentation steps
- Deliberately made a false representation
- Knowing it may be untrue
Derry v peak
Deliberately making a false representation knowing it either is or may be untrue
Hedley byrne v heller
Negligent misrepresentation, defines
Sibeon and the sibotre
Defines economic duress
PIAC V Times Travel
Three step test for economic duress
1. Economic pressure resulting in lack of choice
2. Pressure was illegitimate
3. It was a significant cause of making the contract
Atlas express v kafco
Illegitimate pressure
Barton v Armstrong
Significant cause to enter the contract
Pao on v lau yiu long
Any protest or alternate route will be considered