Chapter 6, 7 Contract Formation Flashcards
(34 cards)
1
Q
Consensus
A
2
Q
Contract
A
3
Q
Consideration
A
4
Q
Capacity
A
5
Q
Legality (in Contract)
A
6
Q
Intention (in Contract)
A
7
Q
Formal Contract
A
8
Q
Express Contract
A
9
Q
Simple/Parol Contract
A
10
Q
Implied Contract
A
11
Q
Valid Contract
A
12
Q
Void Contract
A
13
Q
Voidable Contract
A
14
Q
Unenforceable Contract
A
15
Q
Illegal Contract
A
16
Q
Bilateral Contract
A
17
Q
Unilateral Contract
A
18
Q
Consensus
A
19
Q
Offer
A
20
Q
Subject-to Clause
A
21
Q
Invitation to Treat
A
22
Q
Revocation/Revoke
A
23
Q
Counteroffer
A
24
Q
Acceptance
A
25
Postbox Rule
26
Consideration
27
Gratuitous Promise
28
Past Consideration
29
Quantum Meruit
30
Capacity
31
Infants/Minors
32
Repudiate/Repudiation
33
Law and Equity Act (not Statute of Frauds in BC)
34
Indemnity