LEGL 2700 Roessing Exam 2 – Questions With
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Practice questions for this set
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Being under threat of physical harm or illegal economic harm
A recognized defense to any act that must be voluntary in order to create
liability in the actor
Choose an answer
1 Duress 2 Promise
3 Void Contract 4 Unilateral Contract
Don't know?
Terms in this set (124)
A commitment or willingness to be bound to a contract
Promise
obligation
The most successful attempt to have states adopt a
Uniform Commercial Code uniform law
(UCC) Purpose is to simplify, clarify, and modernize the laws
governing commercial transactions
, Goods Tangible (touchable), movable personal property
Promise in exchange for a promise
Involves promisor and promisee
Usually made to a specific person
Bilateral Contract
Acceptance, then performance later
Binding even when promise hasn't been fulfilled yet
Ex) work order to paint house
Promise in exchange for an action
Made to the whole world
Unilateral Contract Acceptance and performance happen at the same time
Not binding until action has been done
Ex) lost dog poster and reward
A contract in which parties show their agreement in
Express Contracts
words
A legally enforceable agreement inferred from the
Implied-in-fact Contracts
circumstances and conduct of the parties
A quasi-contract; not a true contract
Legal fiction that the courts use to prevent unjust
enrichment and wrongdoing
Implied-in-law Contract Courts permit the person who conferred a benefit to
recover the reasonable value of that benefit
Nonetheless, the elements of a true contract are not
present
An implied-in-law contract; not a true contract
Legal fiction that the courts use to prevent unjust
enrichment and wrongdoing
Quasi-contract Courts permit the person who conferred a benefit to
recover the reasonable value of that benefit
Nonetheless, the elements of a true contract are not
present
Enforceable Contract A contract that can be enforced in court
Unenforceable Contract A contract that cannot be enforced in court
A contract that contains all of the proper elements of a
Valid Contract
contract
A contract that is empty, having no legal force;
Void Contract ineffectual, unenforceable
Ex) drug sale, killer-for-hire
Applicable Solutions
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Being under threat of physical harm or illegal economic harm
A recognized defense to any act that must be voluntary in order to create
liability in the actor
Choose an answer
1 Duress 2 Promise
3 Void Contract 4 Unilateral Contract
Don't know?
Terms in this set (124)
A commitment or willingness to be bound to a contract
Promise
obligation
The most successful attempt to have states adopt a
Uniform Commercial Code uniform law
(UCC) Purpose is to simplify, clarify, and modernize the laws
governing commercial transactions
, Goods Tangible (touchable), movable personal property
Promise in exchange for a promise
Involves promisor and promisee
Usually made to a specific person
Bilateral Contract
Acceptance, then performance later
Binding even when promise hasn't been fulfilled yet
Ex) work order to paint house
Promise in exchange for an action
Made to the whole world
Unilateral Contract Acceptance and performance happen at the same time
Not binding until action has been done
Ex) lost dog poster and reward
A contract in which parties show their agreement in
Express Contracts
words
A legally enforceable agreement inferred from the
Implied-in-fact Contracts
circumstances and conduct of the parties
A quasi-contract; not a true contract
Legal fiction that the courts use to prevent unjust
enrichment and wrongdoing
Implied-in-law Contract Courts permit the person who conferred a benefit to
recover the reasonable value of that benefit
Nonetheless, the elements of a true contract are not
present
An implied-in-law contract; not a true contract
Legal fiction that the courts use to prevent unjust
enrichment and wrongdoing
Quasi-contract Courts permit the person who conferred a benefit to
recover the reasonable value of that benefit
Nonetheless, the elements of a true contract are not
present
Enforceable Contract A contract that can be enforced in court
Unenforceable Contract A contract that cannot be enforced in court
A contract that contains all of the proper elements of a
Valid Contract
contract
A contract that is empty, having no legal force;
Void Contract ineffectual, unenforceable
Ex) drug sale, killer-for-hire
