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10 Cards in this Set
- Front
- Back
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Contract
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*ex ante facto (before the fact)
*remedies promote expectations |
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Tort
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*ex post facto (after the fact)
*remedies restorative |
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Quasi-Contract
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*not a K but impose legal obligation where party is unjustly enriched
*equitable *interest in fairness/justice |
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Contract Law
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*real estate, services, employment
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UCC
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sale or lease of goods
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Bilateral K
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*accept offer after only promise to perform
*promise for a promise |
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Unilateral K
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*accept by completing K performance
*promise for an act *offer irrevocable after perf begins |
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Agreement
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*offer + acceptance
*based on mutual assent *objective requirement |
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Offer
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*a serious expression by Oor to form a K with another
*promise or commitment *must have: 1. serious intent 2. definite terms 3. be communicated from Oor to Oee |
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Terms of Offer
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*for common law - subject matter and price
*for UCC - subject matter and quantity |
