Illustrate courts may grant relief while mistake
Illustrate courts may grant relief while mistake?
Expert
The courts may grant relief when a party enters into a contract under a basic misapprehension, even though not in every case. Maxim "inaccuracy of law is no defence" pertains because all parties are supposed to identify the law. Additionally, an inaccuracy in judgment is not a basis for escaping contractual liability. Here is an example a contract that proves to be more onerous than anticipated will not provide a basis on which to have the contract set aside.
Explain Sole Proprietorships and Implications of Sole Proprietorship?
1. GML owns 92% of the issued shares in Explorer Ltd. The remaining 8% of the shares are held by five individuals, including a Mr Owen who owns 0.5% of the issued shares. Mr Owen is a high profile individual who has at times been critical of the Chinese government’s activities in the South China
What do you mean by Federal Legislation?
What are the methods of Incorporation?
Explain the disclosure of the True Cost of Credit?
Elucidate termination of a Lease?
Differentiate between Business Law and Business Ethics?
What do you mean by Parol Evidence Rule?
Illustrate the mistakes in Performance?
Illustrate what do you mean by Breach of Contract?
18,76,764
1949639 Asked
3,689
Active Tutors
1424628
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!