Podcast
Questions and Answers
What is the essence of a unilateral contract?
What is the essence of a unilateral contract?
Which type of contract is enforceable by exchange of promises between parties?
Which type of contract is enforceable by exchange of promises between parties?
What method of enforcement is typically used for breach of contract?
What method of enforcement is typically used for breach of contract?
What distinguishes a contract by deed from a simple contract?
What distinguishes a contract by deed from a simple contract?
Signup and view all the answers
According to Sir Frederick Pollock, how did he define a contract?
According to Sir Frederick Pollock, how did he define a contract?
Signup and view all the answers
In a unilateral contract, who is entitled to rewards if the conditions are met?
In a unilateral contract, who is entitled to rewards if the conditions are met?
Signup and view all the answers
What is one of the essential elements of a contract for the sale of goods?
What is one of the essential elements of a contract for the sale of goods?
Signup and view all the answers
Which concept refers to both parties in a contract promising to give or do something for the other?
Which concept refers to both parties in a contract promising to give or do something for the other?
Signup and view all the answers
What is the legal term for a contract that cannot be enforced in the courts?
What is the legal term for a contract that cannot be enforced in the courts?
Signup and view all the answers
In a contract for the sale of goods, what must not be illegal or contrary to public policy?
In a contract for the sale of goods, what must not be illegal or contrary to public policy?
Signup and view all the answers
What is the term for a contract that operates as valid unless avoided by one of the parties?
What is the term for a contract that operates as valid unless avoided by one of the parties?
Signup and view all the answers
Which remedy may be available in case of a real obligation in a contract of sale?
Which remedy may be available in case of a real obligation in a contract of sale?
Signup and view all the answers
