vitiating factors

Subdecks (2)

Cards (35)

  • vitiating factor- something that makes a contract void or voidable.
  • void- a void contract is one that is declared to be a nullity. Said to be ab inhitio (void from the beginning)
  • voidable- a voidable contract can be made void in certain circumstances, if the right to make it void is not exercised then the contract terms remain valid.
  • 2 vitiating factors which make a contract voidable:
    • misrepresentation
    • economic duress