5 Written questions
5 Matching questions
- Qualified as writing
- Void if
- What is writing
- a food, shelter, clothing, medical services, definitely. ( Quasi contract - adults get to recover). Cars, education, working tools, may depend on circumstances.
- b basically any writing can be introduced. must be signed by the defendant.
- c Fraud ( you have forever to dispute this)
- d defendant needs to sign it the only one who needs to sign.
- e 1) usury laws - lending money 2) unlicensed professionals - cant collect fees 3) contrary to public policy - any type that would create a poor public policy ( spouse kill spouse)
5 Multiple choice questions
- minors can disaffirm contracts
- 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
- enforceable is reasonable with respect to 1) the line of business 2) the geographic location protected - limited to immediate region 3) the duration - shorter the more reasonable
- no need for consideration if done in good faith
- who may enter into a contract
5 True/False questions
Statute of Frauds → Certain contracts must be in writing to be enforceable
The adult - responsibility party → 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
Bargained for exchange → courts really saying they will not enforce gift promises
Unconscionable Contracts → Contract is so oppressive or unfair that the courts will not enforce them.
Mutual Mistake → both parties are mistaken regarding a material fact - important to the subject matter of the contract