Blaw final contracts - Study guides, Class notes & Summaries

Blaw Final - Contracts

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. ...

BLAW 301 Midterm 1 Review Study Guide Solutions Characteristics of a sophisticated client - ANSWER-Knowledgeable, Confident in dealings, able to research the law, provides complete and accurate info, able to understand lawyers advice The need for a lawyer when starting a business - ANSWER-Type of business, Buying a business, understanding and complying with laws about business, physical location (buying/selling property), Finances, Contracts, Intellectual Property, Taxes Role of the Lawye...

BLAW Final Exam Study Guide Solutions Offer and Acceptance - ANSWER-1. the acceptance of unilateral offers can be made by a promise to ship or by shipment itself. 2. not all terms have to be included for a contract to result. 3. particulars of performance can be left open. 4. Firm written offers made by a MERCHANT, the duration of which is 3 months or less, cannot be revoked. 5. Acceptance by performance requires notice within a reasonable time; otherwise, the offer can be treated as lap...

BLAW FINAL EXAM Cochran Questions with correct Answers Austin tells Linda, "If you do a good job landscaping my yard this summer I will pay you a $10,000 bonus." If there IS contract consideration in this scenario choose TRUE. If NOT then choose FALSE. False Danny tells Mike, "I promise to Pay you $5,000 bonus if you promise to renovate my party barn." Contract consideration TRUE. If not FALSE True Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute ...

BLAW Final Exam Questions and Answers Offer and Acceptance 1. the acceptance of unilateral offers can be made by a promise to ship or by shipment itself. 2. not all terms have to be included for a contract to result. 3. particulars of performance can be left open. 4. Firm written offers made by a MERCHANT, the duration of which is 3 months or less, cannot be revoked. 5. Acceptance by performance requires notice within a reasonable time; otherwise, the offer can be treated as lapsed. 6. Th...

Blaw Final - Contracts

Blaw Final - Contracts

Blaw Final - Contracts

Blaw Final - Contracts