Lessoru 7-1 Duness AND Uruoue lrurlueruce Lesson 7

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Name
Date
Class
Lessoru
7-1DunessANDUruoue
lrurlueruce
Lesson7-1Outline
I.
G e n u i n eA s s e n ta n d D u r e s s
A. Duress
1,
'['hreats
of lllegalor TortiousConduct
2.
-fhreats
to ReportCrirrres
3.
-l-hreats
to Sue
1 . E c o n o r l iT
c hreats
II.
UndueInflr"rcnce
andAssent
A.
'l'he
Relationship
tl. UrrfairPe'rsuasiorr
Lesson7-1 Review
Vocabulary
Review
De./ittetlrclbllou'irtgt,ocubularyterms,
l. r'alid
Legulll, binding und enforceable.
2. genuine assent Agreement to enter into a conlruct that is evidencedby words or conduct
hetw,eentlte parties; true and complete agreement.
3. voidable A contract tltat can be withdrawnfrom becauseit lacks genuine agreement.
10
Chapter7 Genuineness
of Assent
@ 2 0 12 C e n g a g e L e a r n i n g .A l l R i g h t s R e s e r v e d .N I a yn o t b e c o p i e d ,s c a n n e d ,o r d u p l i c a t e d ,i n w h o l e o r i n p a r t , e x c e p tf o r u s e a s p e r m i t t e di n a l i c e n s e
distributedwith a certain product or service or otherwise on a password-protectedwebsite for classroom use.
s'tt r)E\t'
LESSON 7-'t
/
DATE
CLASS
QUIZ
Legal Concepts
Directions:Fill in the blank(s) with the most appropriate term or phrase to complete
the sentence.
Answers
i,
If one party uses physical threats to obtain
another party's signature,there is no
?
agreementbetween them.
2
Tf
thpre
iq
contractis
qpnuine
no
assenf
q u J L r L ( /
fhe
anrr.arr.nf
1.
)
?
3. A(n)
?
occurswhen one partv backsout
of a transaction by asking for the return of
what they gave and offering to give back n'hat
they have received.
3.
4, In a(n)
?
relationship, an inordinate
amount of trust and confidenceis placed by a
dependentparty in the dominant party.
4.
5. Duressoccurswhen one party usesa(n)
5,
?
or
?
to obtain an expression
of agreement.
6. When one party to a contractis in a position of
trust and wrongfully dominates the other
party,
?
occurs.
6.
7. The threat to engage in illegal conduct to win
agreementis always considered
7.
B. The two key elements in undue influence are
the relationship and the wrongful or unfair
B.
2
9. Duress can occur when the threat to
?
is
reallv made for a purpose unrelated to the suit.
2-22
9
Chapter7 Genuineness
of Assent
I 2 c 1 2C e n g a g eL e a r n i n gA.l l R i g h t sR e s e r v e dM. a yn o tb e c o p i e ds, c a n n e do,r d u p l i c a t e d
i n, w h o l eo r i n p a r t ,e x c e pfto r u s ea s
pemrttedIn a licensedistributed
with a certainproductor serviceor otherwiseon a password-protected
websitefor classroomuse
Date
Name
Class
L e s s o r {7 - 2 Mrsra K E ,MT S R E p R ESENTATIoN,
ANDFRAUD
Lesson7-2 Outline
I.
ll.
\\:hatAre theT1,pes
of Contractual
rnistakes?
WhatIs Misrepresentation?
.\. UlrtrLle
Statement
of Fact
l . , A c t i vC
e oncealment
2, Silence
I). Materiality
C. Reasorrable
Reliance
III. [rraud
a n dR e m e d i ef so r F r a u d
A. TheMisrepresentation
MustBe Intentional
or Reckless
B. TheMisrepresentation
or Concealment
MustInjure
C. Remedies
f,orFraud
L Rescission
2. Damages
3. PunitiveDamages
12
Chapter7 Genuineness
of Assent
O 2 0 12 C e n g a g e L e a r n i n g .A l l R i g h t s R e s e r v e d .M a y n o t b e c o p i e d ,s c a n n e d ,o r d u p l i c a t e d ,i n w h o l e o r i n p a r t , e x c e p tf o r u s e a s p e r m i t t e di n a l i c e n s e
distrlbutedwlth a certain product or service or otherwise on a password-protectedwebsite for classroom use.
SI'UDENT'
/
LESSON
DATE
7-2
QULZ
Legal Concepts
Directions:In the Answers column, write the letter from Column 1 that represents
the word or phrase that matchesthe statementin Column 2.
Coltrnut1
A. opinions
B. innocent
misrepresenta
tion
Coltunrt2
1 . An incorrectbelief by both parties about
an important fact
Misrepresentationwhen the misstatement 2 .
was made recklesslyor intentionally and
injury resulted
C. unilateral rnistake
D. mutual mistake
E, bilateral mistake
F. fraudulent
misrepresentation
C. rnaterialfacts
Answers
1.
3. Distinguishedfrom factsbasedon how
concretethey are
4. Important detailsthat influencethe
parties' contractdecision
/1 .
=
5. To establishfraud this must be proven
5.
6. A statementmade by a party who
H. fraud
did not know it was untrue
6
I . lnJury
7. Another name for mutual mistake
7.
I.
B. A substitutefor a falsestatementof fact
9. An incorrectbelief bv one of the parties
B,
9.
activeconcealment
in a contract
10. A statementmade by a party who
knen, it lt'as untrue
i0.
LegalApplications
11. Cliff Sandstrom offered to sell his Mercury Cougar for $8,000to his neighbor
Emil. Emil knows that Cliff has taken good care of the car, and he agreesto buy
it. Cliff's son, John, drove the car to work a week ago. While ]ohn was driving
behind a dump truck, a rock was thrown onto the windshield and a small crack
resulted. john did not tell his father about the crack. Neither Cliff nor his
neighbor noticed the crack before the salewas made. If Emil decidesto sue Cliff
ior active concealment,will he win? Whv or whv not?
l'.apter 7 Genuineness
of Assent
2-27
3 2 : ' 2 C e n g a g e L e a r n i n g .A l l R i g h t s R e s e r v e d .l \ i l a yn o t b e c o p i e d ,s c a n n e d ,o r d u p l i c a t e d ,i n w h o l e o r i n p a r t , e x c e p tf o r u s e a s
:€- :ted tn a license distributed with a certain product or service or otheMise on a password-protectedwebsite for classroom use.
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