Hamer v. Sidway - Key Concept - correct answer ✔✔Consideration in contract law; Forbearance as
sufficient consideration.
Lucy v. Zehmer - Key Concept - correct answer ✔✔Objective Theory of Contracts; Contract enforceability
based on outward expressions.
Hawkins v. McGee - Key Concept - correct answer ✔✔Breach of Warranty; Concept of expectation
damages in medical cases.
Batsakis v. Demotsis - Key Concept - correct answer ✔✔Adequacy of consideration; Legal enforceability
despite disproportionate consideration.
Kirksey v. Kirksey - Key Concept - correct answer ✔✔Distinction between legally binding promises and
gratuitous promises; Role of consideration.
Raffles v. Wichelhaus - Key Concept - correct answer ✔✔Ambiguity in contract terms; Importance of
consensus ad idem.
Wood v. Lucy, Lady Duff-Gordon - Key Concept - correct answer ✔✔Implied terms in contracts; Duty to
perform for business efficacy.
Illusory Promise - Definition - correct answer ✔✔A promise that lacks commitment and does not create
a legal obligation due to the lack of mutuality.
Lefkowitz v. Great Minneapolis Surplus Store, Inc. - correct answer ✔✔Advertisements as unilateral
offers; Conditions for forming contracts via advertisements
Ever-Tite Roofing Corp. v. Green - correct answer ✔✔Acceptance of an offer by commencing
performance; Determining a reasonable time for acceptance of a contract
, Unilateral Contract - correct answer ✔✔A contract in which only one party makes a promise or
undertakes a performance, often in response to an act by another party.
Consideration - correct answer ✔✔An essential element of a contract, involving something of value
exchanged between the contracting parties.
Mutuality of Obligation - correct answer ✔✔A principle that both parties in a contract must be bound to
perform their obligations for the contract to be enforceable.
Breach of Contract - correct answer ✔✔Occurs when one party fails to perform their duties as specified
in the contract, leading to legal liability.
Contractual Liability in Medical Cases - correct answer ✔✔Concerns promises or warranties made by
medical professionals and the legal implications of their breach.
FIRAC - Hamer v. Sidway - correct answer ✔✔Facts: Uncle promises nephew $5,000 if he refrains from
drinking, smoking, etc., until 21.
Issue: Is forbearance adequate consideration for a contract?
Rule: Consideration can be an act or forbearance.
Application: Nephew's forbearance was a valid consideration.
Conclusion: Uncle's promise was enforceable.
FIRAC - Lucy v. Zehmer - correct answer ✔✔Facts: Zehmer appears to sell a farm to Lucy in jest.
Issue: Does Zehmer's jest constitute a binding contract?
Rule: Objective Theory of Contracts.
Application: Contract valid based on outward expression, regardless of internal jest.
Conclusion: Enforceable contract.
FIRAC - Hawkins v. McGee - correct answer ✔✔Facts: Surgeon promises 100% perfect hand in surgery.
Issue: Is the surgeon's promise a warranty?
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