Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
Factors of contract |
-Intention to create legal relationships -Contractual capacity -Legality of purpose -Reality of consent -Consideration -Proper form |
|
|
Void contract |
Fundamental error in the contract Remedy : properties given under the contract can be recovered |
|
|
Voidable contract |
Where one party (usually the innocent party) can choose whether to treat the contract valid or void |
|
|
Unenforceable contract |
Something small is wrong. Once the defect is remedied, the contract become enforceable |
|
|
Several types of Invitation to treat |
-An exhibition of goods for sale -General advertising of goods -An auctioneer's request for bids -The issue of a prospectus by a company -An invitation for tender |
