3549407
Descripción
Mapa Mental por timothyg778, actualizado hace más de 1 año
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Creado por timothyg778
hace casi 9 años
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Elements And
Characteristics
- Acceptance
Nota:
- Accepting the offer.
- Benefits
Nota:
- Something receive unexpected
- Bilateral
Nota:
- Two Promises
- Capacity
Nota:
- Enter into a contract
- Consideration
Nota:
- Benefits to an agreement
- Counteroffer
Nota:
- changes made in an offer
- Death
Nota:
- Dead!!!!!
- Detriments
Nota:
- Any loss
- Duress
Nota:
- Overcoming by force
- Economic Duress
- Emancipation
Nota:
- Parent child relationship
- Express
Nota:
- Contract statement that may be written oral
- Firm Offer
Nota:
- A written offer
- Forbearance
Nota:
- DOING WRONG!!!!!!!!
- Fraudulent
Misrepresentation
Nota:
- party makes an untrue fact
- Genuine
Agreement
(Assent)
Nota:
- A valid offer has been made by the offeror
- Illusory Promises
Nota:
- Allow escape from legal obligation
- Implied
Nota:
- Contracts that come from about the action
- Insanity
Nota:
- Offeror is crazy
- Legality
Nota:
- Illegal Contract
- Mentally Incapcitated
Nota:
- Lacking the ability to understand
- Mirror Image Rule
Nota:
- Match exactly
- Mutual Mistake
Nota:
- Both parties make a mistake
- Nominal Consideration
Nota:
- Parties cannot or do wish to state the amount
- Offer
Nota:
- Proposal by one party to another with intent to create a legal binding agreement
- Offeree
Nota:
- person who receives an offer
- Offeror
Nota:
- person who makes the offer
- Option
Nota:
- giving the offeror something in return that has value
- Oral
Nota:
- Created by two or more people speaking to each other
- Past Performation
Nota:
- Act that has already been performed cannot be consideration in a contract
- Price Fixing
Nota:
- competitors agree on certain price ranges
- Rejection
Nota:
- Refusal by the offeree
- Restrictive Covenant
Nota:
- agreement not to compete in a region for a period of time
- Revocation
Nota:
- Taking back of an offer by offeror
- Statute of Frauds
Nota:
- Requires certain contracts to be in writing to be enforceable
- Unconscionable
Nota:
- Unfair or oppressive that it would shock the conscience of the court
- Undue Influence
Nota:
- Unfair and improper persuasive pressure within a relationship of trust
- Unenforceable Contract
Nota:
- Contract that court will no unhold
- Unilateral
Nota:
- Contains a promise by only one person to do something
- Unilateral Mistake
Nota:
- An error on the part of one of the parties
- Usury
Nota:
- Charging to high of an interest rate
- Valid Contract
Nota:
- Includes all elements recognized by the court
- Void Contract
Nota:
- Without legal effect
- Voidable Contract
Nota:
- One or more parties can get out of an contract for some legal reason
- Written
Nota:
- Contract terms are written so that both parties know the exact terms
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