3549390
Description
Mind Map by lalaryan8847, updated more than 1 year ago
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Created by lalaryan8847
about 10 years ago
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Contract Law
- Acceptance Taking the offer
- Benefits and unexpected perk
- Capacity Legal Ability to to get a contract
- Bilateral
Annotations:
- 2 promises
- Consideration
Annotations:
- Exchange of benefits
- Counteroffer
Annotations:
- any change in the offer
- Death
Annotations:
- Offeror dies
- Detriments
Annotations:
- any loss suffered
- Duress
Annotations:
- overcoming a persons free will or force
- Economic Duress
Annotations:
- threats to a persons income
- Express
Annotations:
- contract that is out loud
- Firm Offer
Annotations:
- an offer written for goods
- Forberance
Annotations:
- Nt doing something you have the right to do
- Assent
Annotations:
- a valid offer
- illusory Promises
Annotations:
- Clause r wording that allows a party to leave
- Implied
Annotations:
- Contracts comes with offers
- Insanity
Annotations:
- offer in declared insane
- Legality
Annotations:
- illegal contracts
- Mentally Incapacitated
Annotations:
- Lacking the ablility to understand the concequences of your contract
- Mirror Rule
Annotations:
- fge
- Nominal Cons.
Annotations:
- Token amount written contract where both partires cant do the wished amount
- offer
- offeree
- option
Annotations:
- gfg
- oral
Annotations:
- Out loud
- Past pr
- price Fixing
Annotations:
- Agree on price
- Rejection
Annotations:
- Does not acceept
- Restrictive Covenant
Annotations:
- Agreement not compete in region for a period of time
- Revocation
Annotations:
- Taking back an offer
- Statue of Frauds
Annotations:
- requires certain contracts be writing to be enforeable
- unconscionable
Annotations:
- so grossly unfair oroppresive that could shock the cosiced
- undue influence
Annotations:
- unfair an improper persuasive pressure w a relationship
- unenforceable contract
Annotations:
- contract that will not uphold
- unilateral
Annotations:
- contAINS a promise by only one person
- unsury
Annotations:
- chaning an intrest rate
- valid contract
Annotations:
- good contract
- void contract
Annotations:
- a bad contrCT
- WRITEN
Annotations:
- ON PAPER
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