This lesson continues our coverage of the contract defenses and excuses with a look at misrepresentation and nondisclosure. Two defenses intended to protect individuals who were induced to assent to a contract by being misled as to the actual facts surrounding the transaction.

Chapters
00:00 - Introduction
00:24 - (1) Misrepresentation
10:32 - (a) Element One: Statement of "fact" before the contract
23:02 - (b) Element Two: By one of the contract parties or her agent
24:20 - (c) Element Three: That is false
27:37 - (d) Element Four: Whether fraudulent or material
34:42 - (e) Element Five: That induces the other party to assent
37:12 - (f) Element Six: Assenting party's reliance was reasonable
41:00 - (2) Nondisclosure
42:06 - (a) Exceptions explained
51:50 - (b) Example of general rule
53:34 - (c) Example of exceptions
56:06 - Recap and Conclusion

свернуть