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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?
What can Ali recover for her bartending work if she learned of a violation after performing the services?
What is the primary purpose of regulatory statutes?
What is the primary purpose of regulatory statutes?
Which of the following is NOT considered a necessary for minors to contract for?
Which of the following is NOT considered a necessary for minors to contract for?
What is likely to happen if Harry Hot Dog breaches his employment contract?
What is likely to happen if Harry Hot Dog breaches his employment contract?
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What legal issue arises when the professor claims the signed document was a roster sheet?
What legal issue arises when the professor claims the signed document was a roster sheet?
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What must public officials prove when suing the media for false and defamatory statements?
What must public officials prove when suing the media for false and defamatory statements?
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In a case of battery, where is it determined whether touching is offensive?
In a case of battery, where is it determined whether touching is offensive?
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When comparing fault in a negligence case, how much of his damages could Chez recover if he is responsible for 40% of his injuries?
When comparing fault in a negligence case, how much of his damages could Chez recover if he is responsible for 40% of his injuries?
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What is defined as just compensation in a taking case?
What is defined as just compensation in a taking case?
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What can a U.S. Court of Appeals do regarding lower federal courts and administrative agencies?
What can a U.S. Court of Appeals do regarding lower federal courts and administrative agencies?
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What is the standard of proof required in a criminal trial?
What is the standard of proof required in a criminal trial?
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Under what circumstances is Harry liable for damages when Sally is endangered?
Under what circumstances is Harry liable for damages when Sally is endangered?
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Why can Monica not recover from Bob for defamation regarding his claim about her debt?
Why can Monica not recover from Bob for defamation regarding his claim about her debt?
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What distinguishes criminal law from civil law?
What distinguishes criminal law from civil law?
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What is the nature of recklessness compared to negligence and intentional wrongdoing?
What is the nature of recklessness compared to negligence and intentional wrongdoing?
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What type of contract is formed when each party makes a promise to the other?
What type of contract is formed when each party makes a promise to the other?
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What happens when an offer is communicated and accepted without alterations?
What happens when an offer is communicated and accepted without alterations?
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Under what condition can Vanna recover payment from Ann?
Under what condition can Vanna recover payment from Ann?
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What does a counteroffer imply regarding the original offer?
What does a counteroffer imply regarding the original offer?
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Which of the following statements is true regarding an oral contract that should be in writing?
Which of the following statements is true regarding an oral contract that should be in writing?
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What is the status of an offer if it does not specify a time for acceptance?
What is the status of an offer if it does not specify a time for acceptance?
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What occurs when Olive Outlet ships the olives after receiving Mack's order?
What occurs when Olive Outlet ships the olives after receiving Mack's order?
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What is the correctness of Carl's action when he telephones to accept an offer sent by letter?
What is the correctness of Carl's action when he telephones to accept an offer sent by letter?
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What can the lender do after cashing the check for $4,000 if it was intended as full payment for the loan?
What can the lender do after cashing the check for $4,000 if it was intended as full payment for the loan?
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What is the maximum amount Shoddy can claim for the roofing work done?
What is the maximum amount Shoddy can claim for the roofing work done?
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Which of the following promises lacks legal value?
Which of the following promises lacks legal value?
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What is considered privileged communication in the context of the given scenario?
What is considered privileged communication in the context of the given scenario?
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What is a primary goal of preventive law in business?
What is a primary goal of preventive law in business?
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To whom do punitive damages typically go?
To whom do punitive damages typically go?
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Which of the following is NOT a function of a summons?
Which of the following is NOT a function of a summons?
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What is required for a party to successfully appeal a court decision?
What is required for a party to successfully appeal a court decision?
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What does the doctrine of promissory estoppel protect?
What does the doctrine of promissory estoppel protect?
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What happens when an offeree sends both an acceptance and a rejection to an offer?
What happens when an offeree sends both an acceptance and a rejection to an offer?
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Which of the following best describes a unilateral contract?
Which of the following best describes a unilateral contract?
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In an option contract, what does the offeree provide the offeror?
In an option contract, what does the offeree provide the offeror?
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What does the UCC define as 'Goods'?
What does the UCC define as 'Goods'?
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Why has Bill not given any consideration in his promise to his daughter?
Why has Bill not given any consideration in his promise to his daughter?
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What is considered not to be adequate consideration in a contract?
What is considered not to be adequate consideration in a contract?
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Performing a preexisting duty does what in the context of contract law?
Performing a preexisting duty does what in the context of contract law?
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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.
Additional Legal Concepts
- 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!
