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10 Cards in this Set

  • Front
  • Back
Statuete of frauds
law will require more evidence that the parties had an agreement than the oral testimony of the party claiming that a contract existed
Unenforceable
not void or voidable
Quasi-contract
partial performance
Promissory estoppel
reasonable reliance
Collateral
property put up to secure the performance of a promise
Guaranty
undertaking by one person to be answerable for the payment of some debt
Leading object doctrine
the promises of those who are primarily motivated by a desire to secure some personal benefit fall outside the statute of frauds
Memorandum
does not necessarily include all terms, may also be multiple writings
Principal objective
all clauses are interpreted in light of the principal objective
Parol evidence rule
a party cannot vary the terms of a written contract by introducing evidence of terms allegedly agreed upon prior to or contemporaneous with the writing