1) Define a Mistake from a legal standpoint.     Identify the various mistakes in law and discuss each   1. Common Mistakes 2. Mutual Mistakes, and 3. Unilateral Mistakes.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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1) Define a Mistake from a legal standpoint.

 

 

Identify the various mistakes in law and discuss each

 

  1. 1. Common Mistakes

  2. 2. Mutual Mistakes, and

  3. 3. Unilateral Mistakes.

     

     

     

    2) There are three necessary ingredients required to be proven before an innocent party can claim for damages for breach of contract. Please identify and discuss each?

    3) In criminal law there are two elements that need to be established for a person to be convicted, namely Actus Reus and Men Rea. Please discuss both elements.

     

     

     

    4) Lord Atkins in Donoghue v Stevenson made the famous pronouncement on the duty concept within the framework of the neighbour principle and mandated that one should take reasonable care to avoid acts or omissions which can be reasonably foreseen as likely to injure one’s neighbour. Please critically discuss this case and the concept of duty of care.

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