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What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Do Now Objective: SWBAT determine what makes a genuine agreement in a contract

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Page 1: What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine

What constitutes genuine agreement?

Why is genuine agreement from both parties in a contract essential?

Do Now

Objective: SWBAT determine what makes a genuine agreement in a contract

Page 2: What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine

Genuine agreement is also known as a “meeting of the minds”

Without genuine agreement from both sides, the agreement cannot meet the requirements of being a contract, and is thus not enforceable

Objective: SWBAT determine what makes a genuine agreement in a contract

Page 3: What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine

Do Now

What is fraud?

How does criminal law deal with fraud?

How does contract law deal with fraud? Explain.

Objective: SWBAT identify the elements of fraud in a contract

Page 4: What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine

Name the two types of mistakes that can be made during the formation of a contract.

Describe the difference between the two, and give an example illustrating each situation.

Do Now

Objective: SWBAT discern between unilateral and bilateral mistakes, and the different effect they have on contracts

Page 5: What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine

Define fraud, and describe how one can be successful in a lawsuit involving this matter.

Be specific with your answer.

Do Now

Objective: SWBAT identify and explain how fraud creates defective agreements between parties

Page 6: What constitutes genuine agreement? Why is genuine agreement from both parties in a contract essential? Objective: SWBAT determine what makes a genuine

What is the difference between fraud, duress and undue influence?

Which one do you think is the most deceptive, and why?

Do Now

Objective: SWBAT identify and explain the various situations that may render an agreement defective