BLAW 341 EXAM 2 QUESTIONS WITH
VERIFIED ANSWERS. A+ GRADE
2025/2026.
Function of Contract law - ANS designed to provide:
1. stability
2. predictability
3. certainty
Why is contract law necessary? - ANS 1. makes promises enforceable
2. moral obligations and legally binging promises - when certain promises must be met and
some form of relief --> remedy @law --> money damages
- gives us types of excuses that give no liability
contract - ANS - legally binding agreement between 2 or more competent parties --> offer +
acceptance
- for valuable consideration--> legal value something bargained for exchange
- to perform or refrain from performing some act now or in the future
- an agreement (based on a promise) that is enforceable by a court
Example of a legally binding agreement - ANS FB deactivate agreement
value= focus on school <-- intangible value
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
,not competent- w/respect to age
in this case 14 yr old -> gets to keep $ and use FB
NO REMEDY AGAINST MINOR
elements of a contract (all 4 required) - ANS 1. agreement (offer + acceptance)
2. consideration
3. contractual capacity
4. lawful objective- reward for lost property
- once you release offer offeree has all the power
proof of negligence: causation - ANS - narrows plaintiff who needs recovery and narrow
down defendant who committed act
= fairness
- a person who commits a negligent act is NOT LIABLE unless the act was a cause of the
plaintiff's injuries
2 types of causation must be proven - ANS 1. causation in fact (actual cause)
2. proximate cause (legal cause)
causation in fact - ANS - actual cause of negligence
1. did the injury occur because of the tortfeasor's act?
2. would the injury have occurred anyway
- did something that was horrible or didn't do something
What is the "but for" test - ANS - but for this wrongdoers actions this wouldn't have
happened
Bilateral contracts - ANS - majority of contracts
- to accept the offer, the offeree must only promise to perform "promise for a promise"
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, unexecuted -> working way
ex: PSU for education <-> $$
unilateral - ANS - offeree can accept the ofer only by completing the contract performance
"promise for an act" "accept and fully executed at the same time"
- irrevocable: offer cannot be revoked once performance has begun
- normally reward or lottery
unilateral example - ANS Leslie offer- find computer and I'll pay you $
- german who found= offeree
- can't modify after the fact
precedent conditions if had said computer must work
Express contract - ANS - an agreement that is stated in words (oral or written) or by conduct
implied-in- fact contract - ANS - contract formed by the parties' conduct ex: swiping credit
card, taking exams, attending class
requirements:
1. plaintiff (business) furnished goods or services
2. plaintiff expected to be paid
3. defendant (consumer) had chance to reject the offer and did not
example of implied-in-fact contract - ANS Sall pumps gas and dips w/o paying
- sued for breaching contract not theft
- contract created by her conduct -> pumping gas
- also civil theft
- defendant could have rejected pumping gas but did not -> by pumping gas
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
VERIFIED ANSWERS. A+ GRADE
2025/2026.
Function of Contract law - ANS designed to provide:
1. stability
2. predictability
3. certainty
Why is contract law necessary? - ANS 1. makes promises enforceable
2. moral obligations and legally binging promises - when certain promises must be met and
some form of relief --> remedy @law --> money damages
- gives us types of excuses that give no liability
contract - ANS - legally binding agreement between 2 or more competent parties --> offer +
acceptance
- for valuable consideration--> legal value something bargained for exchange
- to perform or refrain from performing some act now or in the future
- an agreement (based on a promise) that is enforceable by a court
Example of a legally binding agreement - ANS FB deactivate agreement
value= focus on school <-- intangible value
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
,not competent- w/respect to age
in this case 14 yr old -> gets to keep $ and use FB
NO REMEDY AGAINST MINOR
elements of a contract (all 4 required) - ANS 1. agreement (offer + acceptance)
2. consideration
3. contractual capacity
4. lawful objective- reward for lost property
- once you release offer offeree has all the power
proof of negligence: causation - ANS - narrows plaintiff who needs recovery and narrow
down defendant who committed act
= fairness
- a person who commits a negligent act is NOT LIABLE unless the act was a cause of the
plaintiff's injuries
2 types of causation must be proven - ANS 1. causation in fact (actual cause)
2. proximate cause (legal cause)
causation in fact - ANS - actual cause of negligence
1. did the injury occur because of the tortfeasor's act?
2. would the injury have occurred anyway
- did something that was horrible or didn't do something
What is the "but for" test - ANS - but for this wrongdoers actions this wouldn't have
happened
Bilateral contracts - ANS - majority of contracts
- to accept the offer, the offeree must only promise to perform "promise for a promise"
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, unexecuted -> working way
ex: PSU for education <-> $$
unilateral - ANS - offeree can accept the ofer only by completing the contract performance
"promise for an act" "accept and fully executed at the same time"
- irrevocable: offer cannot be revoked once performance has begun
- normally reward or lottery
unilateral example - ANS Leslie offer- find computer and I'll pay you $
- german who found= offeree
- can't modify after the fact
precedent conditions if had said computer must work
Express contract - ANS - an agreement that is stated in words (oral or written) or by conduct
implied-in- fact contract - ANS - contract formed by the parties' conduct ex: swiping credit
card, taking exams, attending class
requirements:
1. plaintiff (business) furnished goods or services
2. plaintiff expected to be paid
3. defendant (consumer) had chance to reject the offer and did not
example of implied-in-fact contract - ANS Sall pumps gas and dips w/o paying
- sued for breaching contract not theft
- contract created by her conduct -> pumping gas
- also civil theft
- defendant could have rejected pumping gas but did not -> by pumping gas
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
