Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/6

Click to flip

6 Cards in this Set

  • Front
  • Back
consideration
a benefit or advantage that must be bargained for by two parties. promises to give a gift or moral consideration are not considered valid
are illegal contracts valid?
no, they're considered void
common law of contracts
made up by states
UCC
it's a statute that has detailled laws on commcercial transactions
the restatement of the law of contracts
model contract law created by legal scholars.it's not law just used for guidance
quasi-contract
altho there is no specici written contract defendant can still sue as if htere was.