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Published byMadlyn Stephens Modified over 9 years ago
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What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine agreement in a contract
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Genuine agreement is also known as a “meeting of the minds” Without genuine agreement from both sides, the agreement cannot meet the requirements of being a contract, and is thus not enforceable
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Do Now What is fraud? How does criminal law deal with fraud? How does contract law deal with fraud? Explain.
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Name the two types of mistakes that can be made during the formation of a contract. Describe the difference between the two, and give an example illustrating each situation. Objective: SWBAT discern between unilateral and bilateral mistakes, and the different effect they have on contracts
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Define fraud, and describe how one can be successful in a lawsuit involving this matter. Be specific with your answer. Objective: SWBAT identify and explain how fraud creates defective agreements between parties
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What is the difference between fraud, duress and undue influence? Which one do you think is the most deceptive, and why? Objective: SWBAT identify and explain the various situations that may render an agreement defective
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