What are some common defenses in contract law?
An example of an AI chatbot conversation about defenses in contract law.
What are some common defenses in contract law?
Common defenses in contract law include lack of capacity, duress, undue influence, misrepresentation, and mistake.
Can you explain what 'lack of capacity' means?
'Lack of capacity' refers to a situation where one party is unable to understand the nature and consequences of the contract, often due to age or mental state.
What about 'duress'? How does that work?
'Duress' occurs when one party is forced to enter a contract under threat or coercion, making the contract voidable.
Are there any defenses related to fraud?
Yes, if a party was induced to enter a contract based on fraudulent misrepresentation, they can use that as a defense.
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