Blaw 3430 unt Study guides, Class notes & Summaries

BLAW 3430 UNT Exam (Questions Answers) 1) Contract - A binding agreement that courts will enforce 2) Requirements of a Contract - Mutual Assent, Consideration, Legality of Object, Capacity 3) Express Contract - A contract, the terms of which are stated either orally or in writing 4) Implied-in-Fact - A contract not created by the explicit agreement of the parties, but mutual assent is inferred by acts or circumstances 5) Implied-at-law (quasi-contract) - No contract; Equitable remed...

BLAW 3430 Test 1 UNT 2024 latest solution Law - A set of enforceable rules governing relationships among individuals and between individuals and their society Substantive Law - creates, defines & regulates rights, duties & powers. Procedural Law - prescribes steps for having a right or duty enforced. Rules of procedure, rules of evidence Why do we have laws? - 1. to maintain social, political & economic stability. 2. protect private ownership of property; assist in making of volunt...