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Discussions in contracts : Misunderstanding and Mistake Podcast

Author: Jennifer S Martin; Center for Computer-Assisted Legal Instruction,
Publisher: Minneapolis, MN : Center for Computer-Assisted Legal Instruction
Series: CALI lessons., Contracts; CALI discussions in contracts (Podcast series)
Edition/Format:   eMusic : English
Publication:CALI : The Center for Computer-Assisted Legal Instruction
Summary:
"There are three sets of defenses that might be used to avoid enforcement of a contract which is otherwise valid: (i) capacity related defenses; (ii) assent related defenses; and (iii) public policy related defenses. The topic of this podcast is the basic concepts related to the assent related defense of mistake. This podcast will also distinguish the doctrine of misunderstanding, which sometimes gets confused with  Read more...
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Details

Genre/Form: Interactive multimedia Problems, exercises, etc
Material Type: Music, Internet resource
Document Type: Internet Resource, Sound Recording
All Authors / Contributors: Jennifer S Martin; Center for Computer-Assisted Legal Instruction,
OCLC Number: 1019711985
Notes: "Podcast running time: 12:27 minutes."
Description: 1 podcast (12:27)
Details: Mode of access: World Wide Web
Series Title: CALI lessons., Contracts; CALI discussions in contracts (Podcast series)
Other Titles: Misunderstanding and Mistake
CON18P
Responsibility: by Jennifer Martin.

Abstract:

"There are three sets of defenses that might be used to avoid enforcement of a contract which is otherwise valid: (i) capacity related defenses; (ii) assent related defenses; and (iii) public policy related defenses. The topic of this podcast is the basic concepts related to the assent related defense of mistake. This podcast will also distinguish the doctrine of misunderstanding, which sometimes gets confused with mistake. Misunderstanding is not a defense at all, but a doctrine that when used prevents contract formation. At the conclusion of this podcast you should be able to (1) explain that a mistake is simply a belief that is not in accord with the facts; (2) identify and explain the two types of mistakes, unilateral mistakes by one party and mutual mistakes shared by both parties; (3) identify and explain when each will afford a defense to a contract; and (4) explain when a party might bear the risk of a mistake due to allocation of risk by contract, by “conscious ignorance,” or by other circumstances."--CALI lessons subject list

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