Vitiating Factors: Unconscionable Conduct
Situations in which terms may be implied into a contract is discussed. In addition different categories of terms and exclusions clauses are discussed.
An episode of the Introduction to Business Law podcast, hosted by Dr Lola Akin Ojelabi, titled "Vitiating Factors: Unconscionable Conduct" was published on April 19, 2013 and runs 19 minutes.
April 19, 2013 ·19m · Introduction to Business Law
Summary
Situations in which terms may be implied into a contract is discussed. In addition different categories of terms and exclusions clauses are discussed. Copyright 2013 Lola Akin Ojelabi / La Trobe University, all rights reserved. Contact for permissions.
Episode Description
The lectures this week focus on factors that destroy the consent of a party to a contract and discharge. Consent is essential to contract formation as there is a need for consensus ad idem or a meeting of the minds of the parties. Where a party is coerced to consent to a contract, does the law view that consent as valid? Will the consent be of such a quality that will create a valid contract between the parties? The answers to these questions are considered.
In addition, circumstances under which parties are discharged from their obligations under a contract are also discussed. Where a valid contract exists, the law requires that the parties must perform their obligations, so the topic (Discharge) focuses on how obligations are performed and how are parties are discharged from performance.
Copyright 2013 Lola Akin Ojelabi / La Trobe University, all rights reserved. Contact for permissions.
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