LEGL 2700 Matt Roessing Chapter 8 and 9 Notes for Exam 2 Questions And Answers
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Course
UGA LEGL 2700
Institution
UGA LEGL 2700
LEGL 2700 Matt Roessing Chapter 8 and 9
Notes for Exam 2 Questions And Answers
Leyden case firms desiring at will relationships are careful to avoid listing conditions or
rules in a manner that suggest continued employment will follow
quasi contracts (implied in law) not true contracts, but r...
LEGL 2700 Matt Roessing Chapter 8 and 9
Notes for Exam 2 Questions And Answers
Leyden case firms desiring at will relationships are careful to avoid listing conditions or
rules in a manner that suggest continued employment will follow
quasi contracts (implied in law) not true contracts, but rather a judicial remedy to prevent
one party from receiving unjust enrichment
ex- john has paid taxes on land, thinking he owns the land, but mary actually in fact owns the
land and has john evicted, the remedy would be that mary is required to reimburse john the taxes
he paid on the land
valid contracts are enforceable
void contracts are unenforceable
voidable contracts are enforceable until a party with the right to do so elects to void the
agreement
, LEGL 2700 Matt Roessing Chapter 8 and 9
Notes for Exam 2 Questions And Answers
in pari delicto equally guilty; used in reference to a transaction as to which relief will not
be granted to either party because both are equally guilty of wrongdoing
ex- in states where gambling is illegal, a bet on a football game is void. Courts will not enforce
the betting agreement and do not care if the losing party has or has not paid off their bet
executed contract one in which the parties have performed their promises
executory contract when the parties have not yet performed their agreement
elements of an enforceable contract offer, acceptance, consideration, capacity, legality
defenses to contract enforcement -IMPROPER FORM when a writing is required
-No true MEETING OF THE MINDS due to fraud or mistake.
offer contains a specific promise and a specific demand
indefiniteness When the terms of an agreement are not sufficiently specific, the agreement
does not rise to the level of a contract
, LEGL 2700 Matt Roessing Chapter 8 and 9
Notes for Exam 2 Questions And Answers
termination when the offeree's legal power to bind the offeror ends
revocation when the offeror retracts the offer before the acceptance
rejection when the offeree rejects the offer
counteroffer when the offeree makes a counterproposal, this rejects the the original offer
lapse of time when the offeree fails to accept by a deadline defined in the offer or after a
reasonable period of time
subject matter destruction when the object of the contract is destroyed or legally
eliminated
oferor death or insanity when the offeror no longer has the capacity to make the offer
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