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6 Cards in this Set
- Front
- Back
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Elements of a contract
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1. agreement
2. consideration 3. legality 4. capacity |
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Express contract
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an agreement w/ all important terms explicitly stated (usually written).
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Implied Contract
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The words and conduct of the parties indicate that they intended an agreement.
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sources of contract law
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- common law
- uniform commercial code *sale of GOODS (not real estate, not services) |
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Promissory Estoppel
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relied on someone's promise that didn't happen. RIGHT TO SUE
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Quasi-Contract
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cancel contract, you can't keep products.
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