TAG: irac

• Dec 18, 2025

misrepresentation in contract law under irac method

he car was never in an accident. If this was untrue, she made a false statement of fact. Materiality: The accident history likely influenced Bob’s decision. Inducement and Reliance: Bob relied on Alice’s statement when deciding to purchase. Knowledge and Intent: Determine whether

BY Abraham Herman

• Dec 8, 2025

irac example for contract law

to sell her painting to Bob for $5,000. They shake hands and agree verbally. Alice delivers the painting to Bob, who promises to pay within 30 days. However, when the time comes to pay, Bob refuses, claiming the painting was damaged during de

BY Carrie Gleason