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Requirements for Promissory Estoppel - ️️There is a promise that the promisor should foresee is likely to induce reliance Actual reliance on the promise by the promisee Injustice occurs as a result of the reliance Offer Requirements - ️️Present intent Specificity of terms Communication...

First amendment rights for businesses - ️️The same basic first amendment rights that individuals do, so noncommercial speech gets the same protections. Complications begin with advertising. If the advertising is misleading, there is no protection and it can be banned by the federal government...

Ancillary Covenant Not to Compete - ️️a promise that is ancillary to (part of) a valid contract whereby one party to a contract agrees not to compete with the other party for a specified time and within a specified location. aka, non-competition clause Public Policy - ️️widely shared view...

Illusory Promises - ️️For a promise to serve as consideration in a bilateral contract, the promisee must have promised to do, or to refrain from doing, something a the promisor's request. Illusory if it does not bind the promisee to do or refrain from doing anything such a promise could n...

Trial courts - ️️Where most cases get started in the state court system. Differ from courts of limited jurisdiction in 2 important ways: -No limit to what they can hear -Is a court of record. Typically every county in each state has one of these courts, and may be called circuit, county or ...

lumber for 32 houses, the lumber mill which Good pine used to produce all its lumber and the lumber designated for Harry was struck by lightning and burned down. - ️️A. Good Pine may cease performing the contract on the basis of impossibly because the subject matter of the contract was destro...

injunction (equitable remedy) - ️️-when a court orders someone to do something or to stop doing something. This can be invoked even when a breach has merely been threated and it has not yet occurred. Or it can be ordered or issues after breach has occurred. -Only available when the breach is...

executed contracts - ️️when all of the parties have fully performed their contractual duties until such duties have been fully performed Relationship of the UCC and the Common Law of Contracts - ️️code does not change all of the traditional contract rules. courts have demonstrated a signi...

Bad Frog Brewery v. New York State Liquor Authority - ️️Has to do with alcohol advertising. Label depicts a frog giving the finger. Being regulated by the NY state liquor authority. Courts say that the authority wins, shield minors. Appealed and was found in favor of Bad Frog; applies the 3 f...

statute of limitations - ️️tells you how long you have to wait to sue, if you wait too long you can't sue (unenforceable contracts) article 2 - ️️source of law that deals with sale of goods, must be tangible movable personal property, and does not apply to real property, intangibles, s...