Asked by
Angelo Patuto
on Nov 30, 2024
Verified
Misrepresentation that induces a party to enter into a contract may give rise to remedies under:
A) the law of restitution only
B) contract law only
C) the law of restitution and contract law
D) the law of restitution, contract law, and tort law
Misrepresentation
A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.
Law of Restitution
A legal principle aimed at preventing unjust enrichment, requiring a party to return goods or compensation to another from whom they were unjustly received.
Contract Law
A body of law regulating the formation, performance, and enforcement of contracts between parties.
- Acquire knowledge on the basics of damage calculation in the realm of contract law.
- Describe the principle of consequential damages and supply specific examples.
- Comprehend the specific interests safeguarded by legal compensations for contract violations.
Verified Answer
RH
Learning Objectives
- Acquire knowledge on the basics of damage calculation in the realm of contract law.
- Describe the principle of consequential damages and supply specific examples.
- Comprehend the specific interests safeguarded by legal compensations for contract violations.