Contract Law Study Notes
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Questions and Answers

What can Ali recover for her bartending work if she learned of a violation after performing the services?

  • Nothing due to the violation being prior
  • Wages only if she formally reported the violation
  • Wages provided for in the agreement for services rendered before she learned of the violation (correct)
  • Only for services rendered after the violation

What is the primary purpose of regulatory statutes?

  • To increase business profits
  • To limit government intervention
  • To protect the public (correct)
  • To promote free market competition

Which of the following is NOT considered a necessary for minors to contract for?

  • Music lessons (correct)
  • Food and shelter
  • Medical care
  • Clothing

What is likely to happen if Harry Hot Dog breaches his employment contract?

<p>His former employer is likely to win if the restriction is reasonable (D)</p> Signup and view all the answers

What legal issue arises when the professor claims the signed document was a roster sheet?

<p>Fraud in the execution (A)</p> Signup and view all the answers

What must public officials prove when suing the media for false and defamatory statements?

<p>Actual malice (C)</p> Signup and view all the answers

In a case of battery, where is it determined whether touching is offensive?

<p>Based on a person of ordinary sensibilities (D)</p> Signup and view all the answers

When comparing fault in a negligence case, how much of his damages could Chez recover if he is responsible for 40% of his injuries?

<p>60% of his damages (B)</p> Signup and view all the answers

What is defined as just compensation in a taking case?

<p>The fair market value of the property (A)</p> Signup and view all the answers

What can a U.S. Court of Appeals do regarding lower federal courts and administrative agencies?

<p>Review legal conclusions reached (A)</p> Signup and view all the answers

What is the standard of proof required in a criminal trial?

<p>Beyond a reasonable doubt (B)</p> Signup and view all the answers

Under what circumstances is Harry liable for damages when Sally is endangered?

<p>To both Sally and Susan for their injuries (B)</p> Signup and view all the answers

Why can Monica not recover from Bob for defamation regarding his claim about her debt?

<p>The statement was true (A)</p> Signup and view all the answers

What distinguishes criminal law from civil law?

<p>Criminal law addresses wrongs against society as a whole (D)</p> Signup and view all the answers

What is the nature of recklessness compared to negligence and intentional wrongdoing?

<p>More morally objectionable than negligence but less than intentional wrongdoing (B)</p> Signup and view all the answers

What type of contract is formed when each party makes a promise to the other?

<p>Bilateral contract (B)</p> Signup and view all the answers

What happens when an offer is communicated and accepted without alterations?

<p>A bilateral contract is created (D)</p> Signup and view all the answers

Under what condition can Vanna recover payment from Ann?

<p>Through a quasi contract (D)</p> Signup and view all the answers

What does a counteroffer imply regarding the original offer?

<p>It rejects the original offer (D)</p> Signup and view all the answers

Which of the following statements is true regarding an oral contract that should be in writing?

<p>It is unenforceable by law (B)</p> Signup and view all the answers

What is the status of an offer if it does not specify a time for acceptance?

<p>The offer is valid for a reasonable time (A)</p> Signup and view all the answers

What occurs when Olive Outlet ships the olives after receiving Mack's order?

<p>A contract was created upon shipping (A)</p> Signup and view all the answers

What is the correctness of Carl's action when he telephones to accept an offer sent by letter?

<p>His acceptance is invalid since it was not sent via first class mail (B)</p> Signup and view all the answers

What can the lender do after cashing the check for $4,000 if it was intended as full payment for the loan?

<p>Sue Bev for $1,000 (B)</p> Signup and view all the answers

What is the maximum amount Shoddy can claim for the roofing work done?

<p>$50,000 (C)</p> Signup and view all the answers

Which of the following promises lacks legal value?

<p>Both A and B (C)</p> Signup and view all the answers

What is considered privileged communication in the context of the given scenario?

<p>The letter to the attorney (C)</p> Signup and view all the answers

What is a primary goal of preventive law in business?

<p>Avoiding losses and reaching business goals (A)</p> Signup and view all the answers

To whom do punitive damages typically go?

<p>The injured party (C)</p> Signup and view all the answers

Which of the following is NOT a function of a summons?

<p>Grants a default judgment (B)</p> Signup and view all the answers

What is required for a party to successfully appeal a court decision?

<p>Claim an error of law or lack of evidence support (B)</p> Signup and view all the answers

What does the doctrine of promissory estoppel protect?

<p>Reliance on promises (C)</p> Signup and view all the answers

What happens when an offeree sends both an acceptance and a rejection to an offer?

<p>The first response that reaches the offeror will determine the outcome (A)</p> Signup and view all the answers

Which of the following best describes a unilateral contract?

<p>A promise made in exchange for an act (B)</p> Signup and view all the answers

In an option contract, what does the offeree provide the offeror?

<p>Monetary compensation for the time restraint (A)</p> Signup and view all the answers

What does the UCC define as 'Goods'?

<p>Tangible personal property (C)</p> Signup and view all the answers

Why has Bill not given any consideration in his promise to his daughter?

<p>His daughter did not change her behavior in exchange for the promise (C)</p> Signup and view all the answers

What is considered not to be adequate consideration in a contract?

<p>A gift made without any exchanges (C)</p> Signup and view all the answers

Performing a preexisting duty does what in the context of contract law?

<p>Is not considered valid consideration (B)</p> Signup and view all the answers

Flashcards

Bilateral Contract

A contract where both parties make promises to each other. For example, A promises to pay B for B's work.

Counteroffer

An offer is rejected when the offeree changes the terms of the offer. The new offer replaces the original one.

Implied Contract

An agreement that is considered valid and legally binding, even though it was not written down. It is based on actions and circumstances.

Unenforceable Contract

A contract that is not legally enforceable due to a lack of a required written form. For example, some contracts involving land must be written.

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Quasi Contract

A contract that is formed not by an agreement but by the courts. It is used to prevent injustice when one party benefits unfairly from another's actions.

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Reasonable Time for Acceptance

An offer is valid for a reasonable time period unless a specific time is stated in the offer. This depends on the nature of the offer and the circumstances.

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Acceptance by Mailbox Rule

A contract is formed when the offeree accepts the offer and the acceptance is communicated to the offeror. The contract is formed when the acceptance is sent, not when its received.

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Revocation of Offer

An offer cannot be revoked if the offeree has already accepted the offer. Acceptance can be communicated by any means.

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Promissory Estoppel

A legal doctrine that prevents a party from going back on a promise that they made, even if there was no legally binding contract in place. It's about protecting a person who relied on that promise, even if the promise was not legally binding.

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Acceptance by Unauthorized Means

An acceptance of an offer is only effective when it reaches the offeror. So, if an offeree uses an inappropriate method (wrong address, etc.), the acceptance is valid only when the offeror actually receives it.

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Option Contract

A contract that keeps an offer open for a specific period of time. In exchange for this, the offeree provides something of value to the offeror.

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Consideration

Something of value exchanged between parties in a contract. It can be a tangible item, a service, a promise, or even a forbearance (refraining from doing something).

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Preexisting Duty

An act that has already been performed or a duty that was already legally required. This doesn't count as valid consideration for a new contract or promise.

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Consideration in Contracts

A legal concept that requires that a promise be supported by something of value, known as "consideration." It prevents people from enforcing promises made without any real commitment.

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Attorney-Client Privilege

This privilege protects communications between a lawyer and their client from being disclosed in legal proceedings. It encourages open communication and allows clients to freely share information with their legal counsel.

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Mailbox Rule

This rule establishes that an offer is accepted when the acceptance is sent, not when it is received. So, it protects the offeree who sends the acceptance, as the contract is formed at the moment of sending, even if the offeror doesn't receive it yet.

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Jurisdiction

A court's authority to hear a specific case and make legally binding decisions. It's determined by factors like the location of the parties, the subject matter of the dispute, and the type of dispute.

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Compensatory Damages

Provides compensation to the injured party for the actual losses they have suffered as a result of the wrongful act. It aims to restore the injured party to their position before the harm occurred.

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Appellate Jurisdiction

The court's power to review the decisions of lower courts in the legal system. Decisions made by higher courts are binding on lower courts in their jurisdiction.

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Actual Malice

To prove "actual malice" in defamation cases against public officials, the plaintiff must show the defendant acted with knowledge that the statement was false or with reckless disregard for the truth.

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Assumption of Risk

For a plaintiff to assume the risk of danger, they must fully understand the inherent risk and its severity.

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Battery

Touching someone in a way that would be considered offensive to a reasonable person constitutes battery, even without the intent to harm.

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Strict Scrutiny

Strict scrutiny requires the government to prove a compelling government interest and that the law is narrowly tailored to achieve that interest.

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Just Compensation

When the government takes private property for public use, they must pay the owner fair market value for the property.

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Burden of Proof in Criminal Trials

In a criminal trial, the prosecution must prove the defendant's guilt beyond a reasonable doubt. This means the evidence must be so strong that there is no reasonable doubt that the defendant committed the crime.

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Liability for Negligence and Aid

A person who negligently causes harm to another is responsible for the harm caused to that person, as well as the harm caused to anyone who attempts to aid the injured person.

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Assault and Battery: Intent and Awareness

Assault is an intentional act that causes a reasonable person to fear an imminent harmful or offensive contact. Battery is the actual harmful or offensive contact itself. In this scenario, Lonnie did not cause Bill to fear an imminent harmful or offensive contact due to his unawareness, therefore neither assault nor battery occurred.

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Truth as a Defense to Defamation

Truth is a complete defense to defamation. If a statement is true, it cannot be considered defamatory, even if it is harmful to the reputation of the person being spoken about.

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Difference Between Criminal and Civil Law

Criminal law focuses on breaches of duty to society at large, while civil law deals with wrongs against individuals. This means that criminal law aims to protect the interests of society, while civil law focuses on resolving disputes between individuals.

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Regulatory Statutes

Laws designed to protect the public from harm or wrongdoing. They set standards and regulations for specific industries or activities.

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Necessaries for Minors

Things that are considered essential for a minor's well-being, based on their age, social status, and circumstances. These can include food, clothing, shelter, education, and healthcare.

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Intentional Misrepresentation

When someone makes a false statement of fact, intending to deceive another person, leading that person to act to their detriment, and causing actual harm. This is a type of fraud that can be used to justify the rescission of a contract or the recovery of damages.

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Study Notes

Contract Law Study Notes

  • Bilateral Contract: A promise exchanged for a promise.
  • Example of Bilateral Contract: Gwen offers to buy a pottery wheel from Pia and Pia accepts.
  • Unilateral Contract: A promise exchanged for an act.
  • Example of Unilateral Contract: Paying someone to mow your lawn.
  • Quasi-contract: An implied contract created to avoid unjust enrichment; a party can recover payment from another party for services rendered that were requested and were beneficial to the receiving party.
  • Counteroffer: An offer that rejects the original offer.
  • Unenforceable Contract: An oral contract required by contract law to be in writing.
  • Communication of an Offer: The offer must be communicated to the offeree for acceptance.
  • Reasonable Time for Acceptance: If no time is stated the acceptance must be made in a reasonable time, dependent on the circumstances.
  • Promissory Estoppel: Protects reliance, not bargains, and is not consideration.
  • Unauthorized Means of Acceptance: An acceptance is effective upon receipt by the offeror
  • Solutions for an Offer: Price lists and advertising for bids; both are a solution of an offer.
  • Unilateral Contract Example: A promise for an act. The offer is for a specific act; acceptance is by completing the act.
  • Authorized Means of Communication: The offeror must specify an authorized means of communication. If no means is specified, any reasonable means is enough.
  • Option Contract: An agreement to keep an offer open in exchange for something of value.
  • Consideration in Contract Law: Something of legally sufficient value must be given in exchange for a promise.
  • Pre-existing Duty: Performing a duty already owed is not consideration.
  • Liquidated Damages: A pre-determined amount to be paid as damages.
  • Mitigation of Damages: The non-breaching party must take steps to minimize damages.
  • Defamation: False statements that harm a person's reputation.
  • Privileged Communication: Communication protected under business law during the course of work.
  • Tangible Personal Property: The property is tangible (physical); it's also personal property (not real estate).
  • Beyond a Reasonable Doubt: Standard of proof in criminal cases.
  • Reasonable Doubt: Standard of proof that would require a person to believe that there is a reasonable doubt that the person being tried committed the crime.
  • Battery: The intentional touching of another person in a harmful or offensive way.
  • Assault: The threat of immediate harm, or the act of putting someone in fear of immediate harm, when it could reasonably happen.
  • Defamation: False statements, causing damage to another party's reputation.
  • Actual Malice: The intentional making of false statements about a person and knowing that they are false.
  • Constitutional: Government action is constitutional if the government demonstrates that.
  • Just Compensation: The fair market price that a property would sell for on the market.

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Description

Explore the essential concepts of contract law including bilateral and unilateral contracts, quasi-contracts, and more. This quiz will help you understand how offers, counteroffers, and enforceability work, along with the role of promissory estoppel in protecting reliance. Test your knowledge and enhance your understanding of contract law!

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