Contract Law

Anotações:

• Unqualified Willingness by the offeree to go along with the offer

Anotações:

• Something that a party was not previously entitled to receive

Anotações:

• Contains two promises

Anotações:

• Exchange of benefits and detriments by the parties to an agreements

Anotações:

• Legal ability to start a contract

Anotações:

• Offeror dies

Anotações:

• Anything lost or given up

Anotações:

• Overcoming someones freewill by use of force or by threat of force

Anotações:

• Threats to a person's business or income

Anotações:

• Contract statemen that may be written or oral

Anotações:

• Severing of the parent child-relationship

Anotações:

• A written offer for goods that states the period of time during which the offer will stay open

Anotações:

• Not doing something that you have the right to do

Anotações:

• Party to a contract deliberately makes an untrue statement of fact

Anotações:

• Contract that comes about from the actions of a party

Anotações:

• Clause or wording that allows party to escape from legal obligation

Anotações:

• A valid offer has been made by the offeror, and a valid acceptance has been exercised by the offeree

Anotações:

• Offeror is declared insane

Anotações:

• Illegal contracts

Anotações:

• Lacking the ability to understand the consequences of his or her contractual acts

Anotações:

• Terms of the acceptance must match exactly (mirror) the terms of the offer

Anotações:

• Both parties are mistaken about an important fact

Anotações:

• Proposal by one party to another in a written contract where either parties cannot or do not wish to state the amount

Anotações:

• Token amount in a written contract where either the parties cannot or do not wish to state the amount

Anotações:

• Offer made to this person

Anotações:

• Makes the offer

Anotações:

• The offeree gives the offeror something of value in return for a promise to keep the offer open for a set period of time

Anotações:

• Created by two or more people speaking to eachother

Anotações:

• Refusal by the offeree

Anotações:

• Competitors agree on certain price rangers within which they will sell their products

Anotações:

• Agreement not to compete in a region for a set period of time

Anotações:

• An act that has already been peformed cannot be consideration in a contract

Anotações:

• Taking back of an offer

Anotações:

• Requires that certain contracts be in writing to be enforced

Anotações:

• So grossly unfair or oppressive that it would shock the conscience of the court

Anotações:

• Unfair and improper pressure within a relationship of turst

Anotações:

• Contract that court will uphold, usually because of some rule of law