Vitiating Factors Flashcards
1
Q
What are the defects in a contract called?
A
Vitiating factors
2
Q
What can vitiating factors do to a contract?
A
Invalidate it
3
Q
What are the two situations where vitiating factors come into operation?
A
Through a void contract - contract wasn’t valid from start.
Through a voidable contact i.e. contract may be avoided by either party