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10 Cards in this Set

  • Front
  • Back
Contract
*ex ante facto (before the fact)
*remedies promote expectations
Tort
*ex post facto (after the fact)
*remedies restorative
Quasi-Contract
*not a K but impose legal obligation where party is unjustly enriched
*equitable
*interest in fairness/justice
Contract Law
*real estate, services, employment
UCC
sale or lease of goods
Bilateral K
*accept offer after only promise to perform
*promise for a promise
Unilateral K
*accept by completing K performance
*promise for an act
*offer irrevocable after perf begins
Agreement
*offer + acceptance
*based on mutual assent
*objective requirement
Offer
*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
Terms of Offer
*for common law - subject matter and price
*for UCC - subject matter and quantity