100% Correct Answers
\Q\.Hamer v. Sidway - Key Concept - ANSWER-✔Consideration in contract law; Forbearance as
sufficient consideration.
\Q\.Lucy v. Zehmer - Key Concept - ANSWER-✔Objective Theory of Contracts; Contract
enforceability based on outward expressions.
\Q\.Hawkins v. McGee - Key Concept - ANSWER-✔Breach of Warranty; Concept of expectation
damages in medical cases.
\Q\.Batsakis v. Demotsis - Key Concept - ANSWER-✔Adequacy of consideration; Legal
enforceability despite disproportionate consideration.
\Q\.Kirksey v. Kirksey - Key Concept - ANSWER-✔Distinction between legally binding promises
and gratuitous promises; Role of consideration.
\Q\.Raffles v. Wichelhaus - Key Concept - ANSWER-✔Ambiguity in contract terms; Importance
of consensus ad idem.
\Q\.Wood v. Lucy, Lady Duff-Gordon - Key Concept - ANSWER-✔Implied terms in contracts; Duty
to perform for business efficacy.
\Q\.Illusory Promise - Definition - ANSWER-✔A promise that lacks commitment and does not
create a legal obligation due to the lack of mutuality.
, \Q\.Lefkowitz v. Great Minneapolis Surplus Store, Inc. - ANSWER-✔Advertisements as unilateral
offers; Conditions for forming contracts via advertisements
\Q\.Ever-Tite Roofing Corp. v. Green - ANSWER-✔Acceptance of an offer by commencing
performance; Determining a reasonable time for acceptance of a contract
\Q\.Unilateral Contract - ANSWER-✔A contract in which only one party makes a promise or
undertakes a performance, often in response to an act by another party.
\Q\.Consideration - ANSWER-✔An essential element of a contract, involving something of value
exchanged between the contracting parties.
\Q\.Mutuality of Obligation - ANSWER-✔A principle that both parties in a contract must be
bound to perform their obligations for the contract to be enforceable.
\Q\.Breach of Contract - ANSWER-✔Occurs when one party fails to perform their duties as
specified in the contract, leading to legal liability.
\Q\.Contractual Liability in Medical Cases - ANSWER-✔Concerns promises or warranties made
by medical professionals and the legal implications of their breach.
\Q\.FIRAC - Hamer v. Sidway - ANSWER-✔Facts: Uncle promises nephew $5,000 if he refrains
from drinking, smoking, etc., until 21.
Issue: Is forbearance adequate consideration for a contract?
Rule: Consideration can be an act or forbearance.
Application: Nephew's forbearance was a valid consideration.
Conclusion: Uncle's promise was enforceable.