Saint MBA535 Module 5 Essay Exam 5 latest 2016 august

Question 1. Question :

Explain the Parole Evidence Rule and describe how it may be applied.

Question 2. Question :

What contracts are specifically required to be in writing under the Statute of Frauds?

Question 3. Question :

Define "Unilateral Mistake" and "Mutual Mistake." Compare and contrast each. When may each justify invalidating a contract?

Question 4. Question :

What is Undue Influence and how may it affect a contract?

Question 5. Question :

Distinguish Fraud in the Inducement and Fraud in the Execution. Further, explain the fundamental aspects of Active Fraud, Passive Fraud and Innocent Misrepresentation.

Question 6. Question :

Define Physical Duress, Emotional Duress and Economic duress. Describe when duress of each type may be allowed to cause the contract to become voidable.