Friday, July 8, 2011

Representations

  • Representations are statements ( made in the course of negotiation ) which have not been incorporated into the contract . 
  • Remedies for untrue represntations - the innocent party may rescind the contract only without the right to claim for damages ( unless fraud is involved ) . In contrast , if there is an untrue term , the innocent party may claim for damages and have the right to terminate the performance of the contract .

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