Questions from Business Law

Q: How does the presence of fraud affect an innocent party’s consent to

How does the presence of fraud affect an innocent party’s consent to a contract?

Q: How important is a deceived party’s reliance on another’s misrepresentation to establishing

How important is a deceived party’s reliance on another’s misrepresentation to establishing a case against a deceiving party?

Q: When does a deceived party have to show that he or she

When does a deceived party have to show that he or she suffered an injury to recover on the basis of fraud?

Q: In what circumstance does undue influence occur?

In what circumstance does undue influence occur?

Q: What is the Statute of Frauds?

What is the Statute of Frauds?

Q: What are the reasons for the parol evidence rule? What are

What are the reasons for the parol evidence rule? What are some criticisms of these purposes?

Q: Why do certain contracts have to be written to be enforceable?

Why do certain contracts have to be written to be enforceable?

Q: Explain the one-year rule.

Explain the one-year rule.

Q: What is a collateral promise?

What is a collateral promise?

Q: What is the “main purpose” rule?

What is the “main purpose” rule?