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Contracts Outline
Essay specific features
Written by:
Eric S
Date added:
May 7, 2015
Level:
University
Grade:
A
No of pages / words:
102 / 28336
Was viewed:
3895 times
Rating of current essay:
Essay content:
quasi: not contracts at all, construed by courts to avoid unjust enrichment, by permitting plaintiff to bring an action in restitution to recover the amount of the benefit conferred on defendant.
Critical Elements of a Contract:
a. promise- undertaking or commitment that something shall or shall not be done
b...
displayed 300 characters
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promise- undertaking or commitment that something shall or shall not be done
b. exchange-something the law recognizes as value is exchanged
c. enforcement-the law sanctions such promissory exchanges by putting coercive machinery behind them.
d. mutual assent “meeting of the minds”
2. The Agreement Process (Chapter Two)
INTENTION TO BE LEGALLY BOUND
Mutual Assent: an expression of agreement or among the parties
Agreement: a manifestation of mutual assent on the part of 2 or more
Bargain: an agreement to exchange promises or to exchange a promise for a performance or the exchange performances
A...
displayed 300 characters
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