This class was created by Brainscape user Lydia Fawzy. Visit their profile to learn more about the creator.
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Lydia Fawzy
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Decks in this class (23)
Contract Basics
Contract definition,
Contract requirements,
Mutual assent
30
cards
Offers
Offer,
Offer requirements,
Additional cl requirements
6
cards
Terminating an Offer
K Formation
4
cards
Revoking Offer
Power to revoke,
Revocation definition,
Methods of revocation
12
cards
Rejecting Offer
Rejection definition,
Who can reject an offer,
Methods of rejection
11
cards
Acceptance Requirements
Acceptance,
Offeror controls method,
Is silence acceptance
9
cards
Mailbox Rules
Mailbox rule,
What is effective only upon receipt,
When is acceptance in mail effective
11
cards
Acceptance by Performance
Acceptance by performance,
Bilateral ks,
Unilateral ks
5
cards
Consideration
Consideration,
Bargained for exchange,
Detriment
12
cards
Defenses to Contract Formation
Defenses to k formation list,
Incapacity,
Infancy exceptions
14
cards
Statute of Frauds
Statute of frauds,
Ucc requirements,
Common law requirements
14
cards
Statute of Fraud Contracts
Types of sof ks,
Marriage ks,
Service ks
10
cards
Determining Terms
Parol evidence rule,
Parol evidence rule application,
Per bars evidence of
18
cards
UCC: Delivery & Risk of Loss
Risk of loss,
Two types of shipping,
Shipment by carrier
12
cards
UCC Performance Issues
Ucc perfect tender rule,
Imperfect tender,
Buyers options upon sellers imper...
15
cards
CL Performance Issues
Substantial performance,
Substantial performance,
Other party s obligations w subst...
12
cards
Excuses to Nonperformance
Conditions,
Words indicating a condition,
Conditions v promise
27
cards
Changes to K Obligations
Recission,
Recission limitations,
Unilateral recission
19
cards
Third-Party Beneficiaries
Third party beneficiary tbp,
Promisor,
Promisee
14
cards
Other Third Party Issues
Assignment,
Assignor,
Assignee
24
cards
General Damages
Types of standard damages,
Expectation damages,
Reliance damages
18
cards
Special K Situations
Lost volume seller,
Entrustment
2
cards
UCC Damages
Seller breach buyer keeps goods,
Seller breach seller keeps buyer ...,
Buyer breach buyer has goods
7
cards
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Contracts
- Class purpose General learning
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03 Contract Administration
- 20 decks
- 724 flashcards
- 154 learners
Decks:
01 Procurement, 02 Tendering, 03 Letters Of Intent, And more!
