Contracts Study guides, Class notes & Summaries

CONTRACTS (CALIFORNIA BAR EXAM) REVIEW QUESTIONS AND ANSWERS, GRADED A+ Two rules related to applicable law - -All-or-nothing rule and predominant purpose rule. Valid agreement - -A legally enforceable contract is created through the process of mutual assent (i.e., offer and acceptance) and consideration, provided no valid defense to contract exists. Merchant - -A person who REGULARLY DEALS in the type of goods involved in the transaction or otherwise by his occupation HOLDS HIMSELF OUT...

Contracts 2 Exam Questions And Answers With Complete Solutions

Unilateral Contract - Correct Answerresults from an offer that EXPRESSLY REQUIRES performance as the ONLY POSSIBLE METHOD OF ACCEPTANCE Bilateral Contract - Correct AnswerALL other offers → usually offer is silent as to the method of acceptance BILATERAL Contract UNLESS: - Correct Answer1) reward, prize, context; OR 2) offer expressly requires performance for acceptance Quasi Contract - Correct Answerequitable remedy Common Law applies to - Correct AnswerKs that are primarily for ...

Contracts Final Review Questions And Answers (Solved)

1L CONTACTS OUTLINE COVERING: (1) intent (2) offer (3) acceptance and (4) consideration REMEDIES UCC Defenses Performance and Breach Promissory Estoppel Enforceability

1L CONTACTS OUTLINE COVERING: (1) intent (2) offer (3) acceptance and (4) consideration REMEDIES UCC Defenses Performance and Breach Promissory Estoppel Enforceability

1L CONTACTS OUTLINE COVERING: (1) intent (2) offer (3) acceptance and (4) consideration REMEDIES UCC Defenses Performance and Breach Promissory Estoppel Enforceability

Contracts Final Exam (Van Detta) 100% Correct Questions and Answers

Laura resolved to pull a prank on Billy. She revealed to her friends that she would pretend to offer Billy $300 for his old laptop computer. She knew that Billy needed money and that his computer had a market value of just $50. When Laura offered Billy $300 for his computer, she explained her interest by saying, "I think there's a collector's item underneath all those dents and scuffs." Billy blushed but immediately replied, "I accept your offer and will deliver the computer to you tomorrow...