C o n tra c ts - V itia tin g F a c to rs

V it ia t in g F a c t o r s

In c a p a c ity Ille g a lity M is r e p r e s e n t a t io n M is ta k e

M in o rs M e n t a lly U n s o u n d Ille g a l C o n t r a c t s F a ls e s t a t e m e n t In d u c e d t h e C om m on
/ In t o x i c a t e d o f fa c t r e p r e s e n te e B o th p a rtie s m a k e
in to c o n tr a c t s a m e m i s ta k e

M u tu a l
E a c h p a r ty m a k e s
V a li d G a m in g a n d W a g e rin g C o n t r a r y t o p u b li c
d iffe r e n t m is ta k e s
B in d s b o th m in o r a n d p o li c y N e g li g e n t ( la c k o f c a r e )
o th e r p a r ty
U n i la t e r a l
O n e p a rty m a k e s
V o i d a b le Ille g a l i n P e r f o r m a n c e R e s tr a in t o f tr a d e
m is ta k e
B i n d s b o t h u n le s s F r a d u le n t ( d i s h o n e s t y )
m in o r r e p u d ia te s
N o n e s t fa c tu m
" It i s n o t m y d e e d "
R a t i f i a b le
B i n d s b o t h o n ly i f In n o c e n t ( e r r o r w / o f a u lt )
E f f e c t o f Ille g a li t y M u s t p r o te c t p r o p r ie ta r y
m in o r r a tifi e s
o r le g i t i m a t e i n t e r e s t
o f c o v a n a n te e

M u s t b e r e a s o n a b le i n
d u r a tio n , s c o p e a n d
C o n t r a c t i lle g a l
s u b je c t m a t t e r
g e n e r a lly v o i d

M u s t n o t b e c o n tr a r y
t o p u b li c i n t e r e s t
S e ve ra n c e
S e v e re d p a rt v o id ;
r e m a i n i n g v a li d

C o n t r a c t i lle g a l
b y p e r fo r m a n c e

D e f a u lt i n g p a r t y In n o c e n t p a r t y c a n
c a n n o t e n fo r c e c o n tr a c t re c o v e r g o o d s o r
dam ages