Which of the following in not generally an obstacle to genuine assent in a contract?

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journal article

Rogues, Swindlers and Cheats: The Development of Mistake of Identity in English Contract Law

The Cambridge Law Journal

Vol. 64, No. 3 (Nov., 2005)

, pp. 711-744 (34 pages)

Published By: Cambridge University Press

//www.jstor.org/stable/4500841

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Journal Information

The Cambridge Law Journal publishes articles on all aspects of law. Special emphasis is placed on contemporary developments, but the journal's range includes jurisprudence and legal history. An important feature of the journal is the Case and Comment section, in which members of the Cambridge Law Faculty and other distinguished contributors analyse recent judicial decisions, new legislation and current law reform proposals. The articles and case notes are designed to have the widest appeal to those interested in the law - whether as practitioners, students, teachers, judges or administrators - and to provide an opportunity for them to keep abreast of new ideas and the progress of legal reform. Each issue also contains an extensive section of book reviews. Current issues of the journal are available at //www.journals.cambridge.org/clj

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Kubasek Chapter 10 Quiz

QuestionAnswer
Major obstacles to genuine assent include all of the following? Mistake, Undue Influence, Duress
A __________ mistake is the result of an error by one party about a material fact. Unilateral
A __________ mistake is an error made by both parties to the agreement. Mutual
All of the following conditions would permit a court to invalidate a contract on the grounds of unilateral mistake? One party made a mistake about a material fact, and the other party either knew or had reason to know about the mistake. The mistake was caused by a clerical error that did not result from gross negligence.
For a mutual mistake to interfere with legal consent, it must involve all of the following? A basic assumption about the subject matter of the contract An adverse effect on a party who did not agree to bear the risk of mistake at the time of the agreement
A __________ is an untruthful assertion by one of the parties about a material fact Misrepresentation
A(n) __________ results from a false statement about a fact material to an agreement that the person making the statement believed to be true. Innocent misrepresentation
The essential elements of fraud include all of the following? A false statement about a past or existing fact that is material to the contract. Intent to deceive Justifiable reliance on the false statement by the innocent party to the agreement
__________ is present when the party accused of making the fraudulent assertion believed that the assertion was false or made the claim without any regard for whether it was true or false. Scienter
__________ refers to those special relationships in which one person has taken advantage of his or her dominant position in a relationship to unduly persuade the other person. Undue influence


Which of the following represents a lack of genuine assent?

Which of the following represents a lack of genuine assent? Acceptance secured through fraud, undue influence, or misrepresentation. Consideration is ______.

What happens if there is no genuine assent in a contract?

Without genuine assent a contract typically is voidable. This means that, if the injured party desires, that party can cancel or avoid the contractual obligation. The party then has the legal right to get back what has already been put into the contract, which is called rescission.

What is genuineness of assent?

➢ genuine agreement (genuine assent or mutual assent)→exists when consent is not clouded by fraud, misrepresentation, duress, undue influence, or mistake. ➢ If genuine agreement is missing, the victim may cancel or disaffirm the contract because the contract is voidable.

Which of the following does not cause the contract to be voidable?

Which of the following would not render a contract voidable? Unilateral mistake. -In general, a unilateral mistake does not void a contract.

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