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5 Written questions

5 Matching questions

  1. Offeror
  2. Jacob & Youngs v. Kent
  3. Varying of the terms
  4. Acceptance
  5. Rejection
  1. a The one who makes the offer or poses the offer
  2. b The offeree can reject the offer
  3. c I: Did the plaintiff substantially perform to fulfill the contract?
    R: Substantial Performance: Compare the quality of the original performance and the actual performance for quality and intentional harm or negligence
    A:The wrong piping was of better quality and caliber, compared to the correct brand
    C: Jacobs and Young performed a minor breach, with no malicious intent or substantial damage. The homeowner had to make good on the outstanding balance
  4. d Could give rise to a counter-offer - a whole new offer
  5. e The unqualified, unequivocal assent (agreement) to the terms of the offer

5 Multiple choice questions

  1. A contract that substantially prefers one party over the other
  2. The auctioneer reserves the right to remove or take back the item at any time prior to acceptance
  3. Contracts that fall within the statute of frauds
  4. Both parties are mutually mistaken as to the basis of the bargain - there is no meeting of the minds, so the contract is disaffirmed and no one is held responsible
  5. Hold people accountable for contracts based on the belief that marriage was going to take place

5 True/False questions

  1. Mistake of Fact1. Unilateral mistake
    2. Bilateral (mutual) mistake

          

  2. Certain and definite termsQTIPS

          

  3. SPMFRBreach of contract

          

  4. Option ContractA contract that by its very terms is illegal, depending on the laws of the moment

          

  5. Valid ContractA contract that by its very terms is illegal, depending on the laws of the moment

          

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