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Part IV Validity, 18 Fraud and Duress

From: Global Sales and Contract Law

Ingeborg Schwenzer, Pascal Hachem, Christopher Kee

Content type:
Book content
Product:
International Commercial Law [ICML]
Published in print:
26 January 2012
ISBN:
9780199572984

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 03 October 2023

Subject(s):
56e2c07e-f57c-4e4c-92ba-bdb890fac71b — 15c9d8c8-9bd7-476e-8ec8-3a5896cff505 — 28d71a3c-03b2-48cb-8ce3-e784e9f554bb
18.01 The laws concerning fraud and duress in the context of contracts are designed to protect parties rather than the society as a whole. Societies are certainly protected from matters like fraud, threats of violence, and extortion but this is done through other measures often found in the criminal law. As a consequence contracts tainted by fraud or duress are typically voidable rather than automatically void.1 This is true even where laws exist to protect large classes of parties, such as consumers.2 18.02 The fundamental issue in cases involving fraud and...
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