5 Written questions
5 Matching questions
- Court can either
- The infancy contract
- 3 Types of Real Estate
- What is writing
- a basically any writing can be introduced. must be signed by the defendant.
- b refuse to enforce it or alter to make reasonable
- c Fraud ( you have forever to dispute this)
- d 1) sale 2) lease/rent 3) mortgage
- e minors can disaffirm contracts
5 Multiple choice questions
- courts really saying they will not enforce gift promises
- may return the property in the condition it is in at the time of disaffirmance.
- In order to prevent enforcement of the contract the person must be legally insane at time of entering into the contract
- 1) the parties have unequal bargaining power 2) the dominant party uses this power to enter into an unfair contract 3) the weaker party has no reasonable alternative
- must return the minor to the status quo - i.e., as if the contract never happened. thus, any money will be returned - called the duty of restitution
5 True/False questions
Void if → one party threatens to do something wrongful unless the other party enters into a contract.
Contracts that lack consideration → rendered before the promisor's promise was made - not valid consideration - not bargained for
Statute of Frauds Enforceable : → 1) sale of goods over $500 2) real estate contracts 3) contracts to pay the debt of another.
Duress → one party threatens to do something wrongful unless the other party enters into a contract.
Blue Pencil → editing from a legal perspective. blue is nice and soothing, change the facts to reasonable ones.