Questions and Already Passed Answer
(2025) Updated.
Mailbox Rule - Answer A rule providing that an acceptance of an offer becomes effective on
dispatch.
offer - Answer A promise or commitment to perform or refrain from performing some
specified act in the future.
Acceptance - Answer Compliance by the offeree with the terms and conditions of the offer
Mirror Image Rule - Answer requires that the terms in the acceptance must exactly match the
terms contained in the offer
contract - Answer a binding agreement between two or more persons that is enforceable by
law
Contract Requirements - Answer offer, acceptance, consideration
Unilateral Contract - Answer promise in exchange for an act
Bilateral Contract - Answer A promise made in exchange for another promise
Consideration - Answer something of value exchanged for something else of value
A void contract is one that is - Answer was never legally enforceable.
A void contract lacks some or all of the essential elements of a contract and so was never a
contract in the eyes of the law.
Voidable Contract - Answer A contract that may be legally avoided (canceled, or annulled) at
the option of one of the parties.
, Specific Performance - Answer An equitable remedy requiring the breaching party to perform
as promised under the contract; usually granted only when money damages would be an
inadequate remedy and the subject matter of the contract is unique (for example, real
property).
Consequential Damages - Answer Special damages that compensate for a loss that is not
direct or immediate (for example, lost profits). The special damages must have been reasonably
foreseeable at the time the breach or injury occurred in order for the plaintiff to collect them.
Compensatory Damages - Answer A monetary award equivalent to the actual value of injuries
or damage sustained by the aggrieved party.
Punitive Damages - Answer damages exceeding simple compensation and awarded to punish
the defendant. *Not allowed for contract claims*
Felony - Answer a crime, typically one involving violence, regarded as more serious than a
misdemeanor, and usually punishable by imprisonment for more than one year or by death.
Misdemeanor - Answer a crime or offense that is less serious than a felony; any minor
misbehavior or misconduct
Mens Rea - Answer guilty mind; criminal intent
Actus Reus - Answer guilty act; crimincal act
corpus delicti - Answer facts proving that a crime has been committed; body of the victim in a
murder case
Criminal Burden of Proof - Answer "beyond a reasonable doubt", burden on state, no
obligation of defendant to present evidence; unanimous verdict
Civil Burden of Proof - Answer "preponderance of the evidence" (more likely than not)
voir dire - Answer Jury selection process of questioning prospective jurors, to ascertain their
qualifications and determine any basis for challenge.