BLAW 2301 FINAL EXAM 2
QUESTIONS AND ALL CORRECT
ANSWERS 2025/2026 UPDATED.
what is a contract - Answer s legally enforceable agreement
-did the defendant promise to do something?
-is it fair to make her honor her word?
-are there unusual reasons to hold her liable?
7 key characteristics that must be present to make a contract enforceable - Answer -offer
-acceptance
-consideration
-legality
-capacity
consent
-writing (for some)
noncompetition agreement - Answer contract in which one party agrees not to compete
with another (Davis v Mason 1792)
bilateral contract - Answer a promise made in exchange for another promise (most contracts
are bilateral)
unilateral contract - Answer one party makes a promise that the other party can accept only
by actually doing something (contingent on some action)
executory contract - Answer an agreement in which one or more parties has not yet fulfilled
its obligations
executed contract - Answer an agreement in which all parties have fulfilled their obligations
unenforceable contract - Answer occurs when the parties intended to form a valid bargain,
, void agreement - Answer an agreement that neither party can enforce, because that bargain
is illegal or one of the parties had no legal authority to make it
express contract - Answer an agreement with all important terms explicitly stated
implied contract - Answer an agreement in which the words and conduct of the parties
indicate that they intend an agreement
uniform commercial code (UCC) - Answer Body of laws governing commercial transactions in
the United States.
article 2 UCC - Answer sale of goods
how to enforce non-contracts - Answer promissory estoppel
quasi-contract
promissory estoppel - Answer the defendant made a promise that the plaintiff relied on
in promissory estoppel, the injured plaintiff must prove - Answer (in a case with no valid
contract) the plaintiff can prove promissory estoppel if there is promise, reasonable reliance,
and injustice
quasi-contract - Answer the defendant received benefit from the plaintiff and retaining that
benefit would be unfair
in quasi-contract, the injured plaintiff must prove - Answer (in a case with no valid contract),
the plaintiff can prove quasi-contract if there is benefit to the defendant, reasonable
expectation of payment, and unjust enrichment
when can a plaintiff use promissory estoppel? - Answer -when the defendant made a
promise knowing that the plaintiff would likely rely on it
-the plaintiff did rely on the promise
-the only way to avoid injustice is to enforce the promise
QUESTIONS AND ALL CORRECT
ANSWERS 2025/2026 UPDATED.
what is a contract - Answer s legally enforceable agreement
-did the defendant promise to do something?
-is it fair to make her honor her word?
-are there unusual reasons to hold her liable?
7 key characteristics that must be present to make a contract enforceable - Answer -offer
-acceptance
-consideration
-legality
-capacity
consent
-writing (for some)
noncompetition agreement - Answer contract in which one party agrees not to compete
with another (Davis v Mason 1792)
bilateral contract - Answer a promise made in exchange for another promise (most contracts
are bilateral)
unilateral contract - Answer one party makes a promise that the other party can accept only
by actually doing something (contingent on some action)
executory contract - Answer an agreement in which one or more parties has not yet fulfilled
its obligations
executed contract - Answer an agreement in which all parties have fulfilled their obligations
unenforceable contract - Answer occurs when the parties intended to form a valid bargain,
, void agreement - Answer an agreement that neither party can enforce, because that bargain
is illegal or one of the parties had no legal authority to make it
express contract - Answer an agreement with all important terms explicitly stated
implied contract - Answer an agreement in which the words and conduct of the parties
indicate that they intend an agreement
uniform commercial code (UCC) - Answer Body of laws governing commercial transactions in
the United States.
article 2 UCC - Answer sale of goods
how to enforce non-contracts - Answer promissory estoppel
quasi-contract
promissory estoppel - Answer the defendant made a promise that the plaintiff relied on
in promissory estoppel, the injured plaintiff must prove - Answer (in a case with no valid
contract) the plaintiff can prove promissory estoppel if there is promise, reasonable reliance,
and injustice
quasi-contract - Answer the defendant received benefit from the plaintiff and retaining that
benefit would be unfair
in quasi-contract, the injured plaintiff must prove - Answer (in a case with no valid contract),
the plaintiff can prove quasi-contract if there is benefit to the defendant, reasonable
expectation of payment, and unjust enrichment
when can a plaintiff use promissory estoppel? - Answer -when the defendant made a
promise knowing that the plaintiff would likely rely on it
-the plaintiff did rely on the promise
-the only way to avoid injustice is to enforce the promise
