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CONTRACT LAW
Essay specific features
Written by:
Pamela M
Date added:
April 21, 2015
Level:
University
Grade:
B
No of pages / words:
6 / 1476
Was viewed:
8569 times
Rating of current essay:
Essay content:
Oral vs. Written contact
a. equally enforceable( ?EEµE©µA)
b. Oral is difficult to prove; written has more proof
3. Parties:
a. promisor/offeror: making promise
b. promise/offeree: accepting promise
Requirements
1. offer: may be either oral or written (or sometimes by actions);
must be communicated by offeror;
definite(A?E·µA), offeror must show intent;
same for promise;
communicated: let offeree know that offer has been made;
definite: must be clear enough that offer is made, must have all terms;
UCC will use GAP fillers, will fill in anything that is out except quantity(UCC-only applies commerce; sale of goods; sale of services-UCC does not apply because it missing terms than indefinite offer)
Intent: promisor has to have intent to do this promise
a...
displayed 300 characters
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promise/offeree: accepting promise
Requirements
1. offer: may be either oral or written (or sometimes by actions);
must be communicated by offeror;
definite(A?E·µA), offeror must show intent;
same for promise;
communicated: let offeree know that offer has been made;
definite: must be clear enough that offer is made, must have all terms;
UCC will use GAP fillers, will fill in anything that is out except quantity(UCC-only applies commerce; sale of goods; sale of services-UCC does not apply because it missing terms than indefinite offer)
Intent: promisor has to have intent to do this promise
a...
displayed 300 characters
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