Law Flashcards
(5 cards)
1
Q
L.F.D.T.E.R.T
Love For Dogs, Treat Every Rover Terrifically
A
Law Form Defenses Terms Excuses Remedies Third Party Rights
2
Q
Contract
A
a formed agreement that is enforceable by law
3
Q
Uniform Commercial Code Article 2 (UCC)
A
Governs Sale of Goods…Tangible things that can be touched, moved, thrown, etc.
4
Q
Common Law for Contracts
A
Governs all contracts other than sale of goods (Ex. service contracts, contracts involving real property, and assignments of legal claims)
5
Q
All-or-Nothing Rule/Predominant Purpose Rule
A
Hybrid cases involving sale of goods and a services contract. The side that has a bigger role decides what governs that contract (common law or UCC)
