Lesson 1,
Topic 1
In Progress
7.6 Vitiating factors
Contract vitiating factors are elements or circumstances that can render a contract void or voidable. These factors include:
- Misrepresentation.A false statement made by one party to induce the other party to enter into the contract.
- Mistake.A mistake made by one or both parties about a material aspect of the contract, which can render the contract voidable.
- Duress. When one party is forced or coerced into entering into a contract against their will.
- Undue influence. When one party uses their power or position to coerce the other party into entering into the contract.
- Illegality.A contract that is illegal or contrary to public policy is void.
- Capacity.A contract entered into by a party who is not legally capable of entering into a contract, such as a minor, is voidable.
