Now before you start giving me grief about a derogatory comment projected at a fellow worker, let me explain that Fat Max is a product category produced by Stanley (The Stanley Works, New Britain, CT) and the product that arrived was a 40â²-tape rule.
Circumstances or features that make a contract voidable include (1) non-disclosure of one or more material facts, (2) misrepresentation, (3) mutual mistake, (4) lack of free will of a contracting party, or presence of one contracting party's undue influence over the other, and (5) a material breach of the terms of the contract.
It is important to recognize the elements of common-law contract formation because they are more stringent than the requirements for formation between merchants under the UCC. If all elements of common-law contract formation do not exist, then the contract may be void Refers to a contract that is not valid on its face because it suffers from some fatal flaw. or voidable Refers to the status of a contract that may be terminated due to some defect..