A Comprehensive Guide to Corporate and Business Law in Canada
Contract Law
Setting Aside a Contract
A contract may be set aside due to mistake, misrepresentation, undue influence, or duress. A legal mistake is a mistaken belief about a factual situation, not the law itself.
Types of Mistakes
- Unilateral Mistake: One party is mistaken about the facts.
- Common/Mutual Mistake: Both parties are mistaken about the facts.
Only certain kinds of mistakes will make a contract void or voidable by equitable relief of the courts.
Meaning of a Mistake
A mistake in law is an error
Read MoreAristotle’s Philosophy: Key Concepts and Theories
Aristotle’s Philosophy (384-322 BC)
I. Major Differences with Plato
If forms are the essence of things, how can they exist separately?
If forms are the cause of things, how can they exist in a different world?
Plato’s explanation of stability and change was not sufficient.
II. How Aristotle Analyzed an Object
Form: Universal, essence, “whatness”
Matter: “Thisness”
Substance: An object with both form and matter.
- Each substance is analyzed in terms of accidents, essential, and non-essential.
- Change is explained
Understanding Contract Law: Mistakes, Misrepresentation, and More
Contract Law: Mistakes, Misrepresentation, Undue Influence, and Duress
Legal Mistakes
A legal mistake is a mistaken belief about a factual situation, not the law itself. There are two types of legal mistakes:
- Unilateral Mistake: One party is mistaken about the facts.
- Common/Mutual Mistake: Both parties are mistaken about the facts.
Only certain kinds of mistakes will make a contract VOID or VOIDABLE by equitable relief of the courts.
Meaning of a Mistake
A mistake in law is an error with respect to:
- Terms
Ethical Worldviews & Business Ethics: A Comprehensive Guide
Morality and Love/Passion
Morality
Doing what you get paid for; nothing more, nothing less.
- Going the first mile and fulfilling duty and obligation.
- Does not require self-sacrifice.
- Requires that one share equally with others.
Love/Passion
- Motivates one to give up one’s share for others.
- Philosophical love expressed by commitment and loyalty.
Two Prevailing Ethical World Views
Judeo-Christian World View
- Unselfish
- Not necessarily about religion
- Helping people who cannot help themselves
Dominion Theory
- To subdue
Epistemology and the Scientific Method: A Comprehensive Overview
Epistemology and the Scientific Method
What is Knowledge?
Kant’s tripartite notion of knowledge defines it as justified true belief. To truly know something, we must not only believe it to be true but also have valid justification for that belief. This justification transforms subjective belief into objective truth. This understanding of knowledge emphasizes the interaction between reason and the senses as primary sources of human understanding.
Theoretical vs. Practical Knowledge
Knowledge can be
Read MoreAn Exploration of Moral Values, Rules, and Ethical Theories
a) Moral Values
There are different kinds of values (economic, aesthetic, religious, moral). All are characterized by:
- They are special qualities that we assign to objects, people, or actions.
- Only humans are able to assess these qualities.
We can say that we are facing moral values when:
- They should necessarily be appreciated and respected.
- They are universal, that is, they are valid for all individuals without exception.
- We appreciate them by themselves, not because they could provide us some selfish