Quiz #2 Pmt

Front 1

A contract is an agreement that is BLANK. One of the aims of a contract law is to determine which agreements are BLANK.

Back 1

Legally Enforceable

Worth Enforcing

Front 2

People regularly make promises, but some of them are BLANK. For example, the contract must be for BLANK.

Back 2

Unenforceable

Lawful Purpose

Front 3

The parties must have BLANK to contract.

Back 3

Capacity

Front 4

Some contracts must be in BLANK.

Back 4

Writing

Front 5

While verbal agreements often amount to contracts, some contracts must be in writing to be BLANK.

Back 5

Enforced

Front 6

BLANK refers to a court awarding money or other relief to a party injured by a breach of contract.

Back 6

Reamities

Front 7

A bilateral contract is a contract where both parties BLANK.

Back 7

Make a promise

Front 8

In a unilateral conteact, one party makes a promise that the other party can accept only by doing something (BLANK)

Back 8

Performance

Front 9

A contract is executory when it has been made, but one or more parties have BLANK.

Back 9

Not Yet Fulfilled Their Delegations

Front 10

A valid contract is one that BLANK.

Back 10

Satisfied All Of The Law Requirements

Front 11

An unenforceable agreement occurs when the parties intend to form a valid bargain but a court declares that BLANK.

Back 11

Some Rule Of Law Prevents Enforcing It

Front 12

A voidable contract occurs when the law permits BLANK.

Back 12

One Party To Terminate The Agreement

Front 13

A void agreement is one of that BLANK.

Back 13

Neither Party Can Enforce.

Front 14

In an express contract, the two parties explicitly stated BLANK.

Back 14

All Important Terms Of Their Agreement

Front 15

In an implied contract, the words or conducts of the parties indicate that they BLANK.

Back 15

Intended An Argument

Front 16

Many employees have "at will" agreement. This means that the employees are BLANK and the company has the right to BLANK for virtually an reason.

Back 16

Free To Quit At Any Time

Fire Them At Any Time

Front 17

Promissory estoppel is a doctrine in which a court may enforce a promise made by the defendant BLANK.

Back 17

Even When There Is No Contract

Front 18

The defendant made a promise knowing that BLANK.

Back 18

The Plaintiff Would Likely Rely On It

Front 19

The only way to avoid Injustice is to BLANK.

Back 19

Enforce The Promise

Front 20

In quasi contract cases, the defendant did not make any promises, but did BLANK.

Back 20

Receive A Benefit From The Plaintiff

Front 21

The plaintiff gave some BLANK.

Back 21

Benefit To The Defendant

Front 22

The plaintiff reasonably expected to be BLANK.

Back 22

Paid For The Benefit

Front 23

The defendant would be BLANK if he did not pay.

Back 23

Unjustly Enrizlied

Front 24

The damages awarded in the quasi-contract are called quantum meruit, which means "BLANK".

Back 24

As Much As He Deserves

Front 25

Most contract law rules pertaining to real estate transactions, services contracts Etc. Were crafted over Centuries by courts deciding one contract lawsuit at a time. This is referred to as the BLANK.

Back 25

Common Law Of Contracts

Front 26

On the other hand, Article 2 of the UCC (Uniform Commercial Code) governs contracts for the BLANK.

Back 26

Sale Of Goods

Front 27

"Goods" does not include BLANK, because neither is movable.

Back 27

Land Or A House

Front 28

(Ex/ A contract for the sale of 10,000 pairs of sneakers is governed by BLANK.

Back 28

UCC Article 2

Front 29

A contract for the sale of Brandon's home is governed by the BLANK.

Back 29

Common Law Of Contract

Front 30

Article 2 of the UCC applies only if the BLANK was the sale of goods.

Back 30

Primary Purpose

Front 31

Unilateral contract results from an offer expressly requires BLANK as the only possible method of acceptance.

Back 31

Performance

Front 32

Bilateral contract results from all other offers. Usually the offer is silent as to the method of acceptance so it's a BLANK.

Back 32

Bilateral Contract

Front 33

The offer expressly requires BLANK.

Back 33

Performance For Acceptance

Front 34

Quasi contract is an BLANK remedy.

Back 34

Equitable

Front 35

Article 2 of the UCC applies two contracts that are primarily for the BLANK.

Back 35

Sale Of Goods

Front 36

Trump contracts to by Brandon's house. Does Article 2 apply?

Back 36

NO

Front 37

Trump contracts with Farrell to wash his 2010 Hyundai Elantra? Does Article 2 apply?

Back 37

NO

Front 38

Trump contracts to buy Farrell's 2010 Hyundai Elantra for $400. Does Article 2 apply?

Back 38

YES

Front 39

Eric Reid agrees to buy ferrules car for $400. Under their agreement, Farrell is also obligated to provide Eric with two lessons in parallel parking a 2010 Hyundai Elantra. Does Article 2 apply if there is a disagreement about the parking lessons?

Back 39

YES

Front 40

Exception if the contract expressly divides payment, then apply UCC to the BLANK part and the BLANK to the rest.

Back 40

Sale Of Goods

Common Law

Front 41

Same fact as #4 above, except that the contract provides the Eric will pay $50 for the car and $350 for the lessons. Does Article 2 apply if there is a dispute about the car?

Back 41

YES

Front 42

A contract is an agreement that is BLANK.

Back 42

Legally Enforceable

Front 43

Then, second, determine whether the agreement is BLANK.

Back 43

Legally Enforceable

Front 44

An BLANK is one person's (the offeror's) manifestation of willingness to contract. Look for words or conduct showing BLANK or BLANK.

Back 44

Offer

Manifestation

Commitment

Front 45

If I offer to sell Eric my 2010 Hyundai Elantra for $400, that results in a BLANK for me, the offeror, and an BLANK for Eric, the offeree.

Back 45

Legal Obligation

Opportunity

Front 46

Sale of Real Estate BLANK is applicable law BLANK.

Back 46

Common Law

Price And Land Description Is Required Or It's Not An Offer

Front 47

Can a communication from Brandon to Carmen relating to Brandon's sale of his house to Carmen be an offer even though nothing is said about price?

Back 47

NO

Front 48

Sale of goods BLANK is applicable to law - intent of the parties test controls where there is no price term.

Back 48

UCC Article 2

Front 49

Can a communication for feral to Matt Clupper relating to Farrell's sale of his car being an offer even though nothing is set as to price?

Back 49

YES

Front 50

Can a communication from feral to Matt Clupper relating to Farrell's sale of his car being offer if it provides for the sale for a fair price?

Back 50

NO

Front 51

a contract for the sale of goods can State the quantity of goods to be delivered under the contract in terms of the buyers BLANK or the sellers BLANK.

Back 51

Requirements

Output

Front 52

Farrell offers to buy pens from Wally for 5 years. There is not a specific quantity term in the offer, instead, it provides that Farrell show purchase all of his pins from Wally. Is this an offer?

Back 52

YES

Front 53

Increase in requirements. Buyer can increase requirements so long as the increase is in line with BLANK. There is a no unreasonably disappropriate limitation on increases.

Back 53

Prior demands

Front 54

Same fact as #9. Farrell buys 1000 pens in each of the first three years of the agreement. Ferelden orders 1020 pins for the 4th year. What result?

Back 54

YES

Front 55

General rules: an advertisement or Price quotation is BLANK.

Back 55

Not An Offer

Front 56

Price quotation can be an offer if sent in response to an BLANK.

Back 56

Inquiry

Front 57

Offers generally create the power of BLANK in the person to whom the offer was made (the "offeree"), creating a contract. However, an offer cannot be accepted if it has been BLANK.

Back 57

Acceptance

Terminated

Front 58

I write in your hand out that I offer to sell you my 2010 Hyundai Elantra for $400. The writing fails to indicate how long the offer will be kept open. Can you accept my offer 5 years from now?

Back 58

NO

Front 59

General rule: death incapacity of either party after the offer, but before acceptance BLANK the offer.

Back 59

Terminates

Front 60

On January 15th, I offered to sell Kim Kardashian my 2010 Hyundai Elantra for $400. The next day, while standing in the shower, I exclaim "I have changed my mind. I no longer want to sell my car to KK." Is the offer to KK revoked?

Back 60

NO

Front 61

on January 15th, I offered to sell Kim Kardashian my 2010 Hyundai Elantra for $400. The next day, I sell my car to Trump. Is the offer to KK revoked?

Back 61

NO

Front 62

On January 15th, I offered to sell Kim Kardashian my 2010 Hyundai Elantra for $400. The next day, I sell my car to Trump. KK sees Trump driving my car on January 16th and learns from him that he has bought the car. Is the offer to KK revoked?

Back 62

YES

Front 63

On January 15th, I offered to sell KK my car for $400. The next day I make the same offer to Trump. KK learns that I have made the offer to Trump. Is the offer to Ms. Kardashian revoked?

Back 63

NO