Defenses to Enforceability Flashcards

(13 cards)

1
Q

Age

A

A contract is voidable at the option of the minor
-at the age of majority

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2
Q

Mental Illness

A

Contract is void

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3
Q

Duress

A

Look for a wrongful threat

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4
Q

Undue Influence

A

Uneven Bargaining situation

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5
Q

Unconscionability

A

The result of the contract will be unfair

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6
Q

Illegal

A

Unenforceable

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7
Q

Unilateral Mistake

A

Only one person is mistaken
-Generally not a defense unless the other person knew about the mistake

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8
Q

Mutual Mistake

A

No meeting of the minds

BAR TIP

Usually in fact patterns involving animals or cards

the remedy is recession

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9
Q

Intentional Misrepresentation

A

Intentionally said something with scienter

with the intent to induce reliance on the other person

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10
Q

Negligent Misrepresentation

A

Causes innocent party to detrimentally rely

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11
Q

Non-Compete Clause

A

Could be enforceable but they have to be reasonable under the circumstances

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12
Q

Statute of Frauds

A

Certain K are so important that they have to be in writing

MYLEGS
Marriage
One-year (cannot be performed within a year)
Land-Lease exception part performance
Executor K - becoming administrator of an estate
Guarantor- promising to pay the debt of another but not for your personal benefit

Sale of good of $500 or more

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13
Q

Merchant Confirmation

A

Takes it out of the SOF world

Includes quantity and signed by merchant and no objection within 10 days

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