Mistake Flashcards

(8 cards)

1
Q

what is non-est factum

A

this is not my deed. the party who signed a contract was unaware of its nature.

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2
Q

How does non-est factum work

A

the document signed must be essentially different

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3
Q

If I cannot read Chinese, can i rely on non-est factum for signing a chinese contract

A

no, anyong who signs a contract in a language he does not understand is negligent

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4
Q

What is the general principle when 3rd party is involved in a non-est factum case?

A

favour the 3rd party even if there is no negligence. the innocent 3rd party shall not bear the loss.

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5
Q

What is the general position for unilateral mistakes

A

one party made an mistake, the other party knew about it, the other party cnnot enforce that version of contract

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6
Q

What are the requirements for mistake as to terms to operate

A

(1) not collateral matters

2) knowledge of the mistake (actual/ constructive knowledge

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7
Q

What’s the general position for cases of mistake as to identity

A

(1) for face-to-face transaction, there is a presumption that you intendt o deal with flesh and bones in front. this presumption can be rebutted if the identity of that particular person is essential to the formation of contract

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8
Q

what’s the difference between mistake and misrep

A

For mistake, the contract will be void ab intitio
For misrep, the contract is voidable and void at the time when misrep is reasonably discoverable –> 3rd party owns the goods.

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