Blaw final contracts - Study guides, Class notes & Summaries
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BLAW 3391 Final Exam Questions And Answers (Verified And Updated)
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BLAW 3391 Final Exam Questions And 
Answers (Verified And Updated) 
Four requirements for a valid contract - answeragreement, consideration, capacity, and 
legality 
Agreement - answeroffer and acceptance, meeting of minds 
Consideration - answermoney, something of value or a promise 
Contractual Capacity - answerBoth parties entering into the contract must have the 
contractual capacity to do so. The law must recognize them as possessing characteristics that 
qualify them as competent parties. ...
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BLAW 3391 Final Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 6 pages • 2024
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BLAW 3391 Final Exam Questions And 
Answers (Verified And Updated) 
Four requirements for a valid contract - answeragreement, consideration, capacity, and 
legality 
Agreement - answeroffer and acceptance, meeting of minds 
Consideration - answermoney, something of value or a promise 
Contractual Capacity - answerBoth parties entering into the contract must have the 
contractual capacity to do so. The law must recognize them as possessing characteristics that 
qualify them as competent parties. ...
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BLAW 3310 Miller Final Exam Questions and Answers
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BLAW 3310 Miller Final Exam Questions and Answers 
Corporate Finance -Answer-The finance function within a business. One of the three 
main areas of finance. 
Blue Sky Laws -Answer-State laws that regulate the offering and sale of securities for 
the protection of the public. 
stock -Answer-A share of ownership in a corporation. 
bonds -Answer-Certificates of debt that carry a promise to buy back the bonds at a 
higher price 
equity financing -Answer-money raised from within the firm, from opera...
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BLAW 3391 Final Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 6 pages • 2024
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BLAW 3391 Final Exam Questions And 
Answers (Verified And Updated) 
Four requirements for a valid contract - answeragreement, consideration, capacity, and 
legality 
Agreement - answeroffer and acceptance, meeting of minds 
Consideration - answermoney, something of value or a promise 
Contractual Capacity - answerBoth parties entering into the contract must have the 
contractual capacity to do so. The law must recognize them as possessing characteristics that 
qualify them as competent parties. ...
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Blaw Final - Contracts
- Exam (elaborations) • 18 pages • 2024
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Blaw Final - Contracts
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BLAW 3391 Final Exam Questions With Verified Answers
- Exam (elaborations) • 15 pages • 2024
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BLAW 3391 Final Exam Questions With Verified Answers 
 
 
 
 
contract 
Mutual Agreement 
A person who is of legal age and normal mentality 
Competent Party 
The promises exchanged by parties to a contract 
Consideration 
A contract that is created entirely through conversation of the parties involved 
Oral Contract 
A contract that is understood from the acts or conduct of the parties 
Implied Contract 
A written contract that bears a seal 
Formal Contract 
A contract with several related parts...
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BLAW 3310 Miller Final Exam Questions and Answers
- Exam (elaborations) • 11 pages • 2024
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BLAW 3310 Miller Final Exam Questions and Answers 
Corporate Finance -Answer-The finance function within a business. One of the three 
main areas of finance. 
Blue Sky Laws -Answer-State laws that regulate the offering and sale of securities for 
the protection of the public. 
stock -Answer-A share of ownership in a corporation. 
bonds -Answer-Certificates of debt that carry a promise to buy back the bonds at a 
higher price 
equity financing -Answer-money raised from within the firm, from opera...
-
BLAW 3391 Final Exam Questions With Verified Answers 100% Solved
- Exam (elaborations) • 6 pages • 2024
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BLAW 3391 Final Exam Questions 
With Verified Answers 100% Solved 
Contract - answer"a promise or set of promises for the breach of which the law gives a 
remedy or the performance of which the law is some way recognizes a duty." 
Covenant not to complete - answerrestrict what an employee may do after leaving a 
company, and they often dictate where, when, and with whom an employee may work 
Four elements needed for a contract: - answerAgreement, the consideration, contractual 
capacity, and l...
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BLAW 3391 TTU Final Questions With Verified Answers
- Exam (elaborations) • 11 pages • 2024
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BLAW 3391 TTU Final Questions With Verified Answers 
 
 
 
Requirements of a valid contract 
1. Agreement 2. Consideration 3. Contractual Capacity 4. Legality 
Bilateral Contract 
2 Promises (promise for a promise) 
Unilateral Contract 
Can only accept if the job happens 
Requirements for implied contracts 
1. The plaintiff furnished some service or property 2. The plaintiff expected to be paid for that service or property, and the defendant knew or expected 3. The defendant had a chance to reje...
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Blaw Final - Contracts
- Exam (elaborations) • 18 pages • 2024
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Blaw Final - Contracts
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