5 Written questions
5 Matching questions
- Void Contract
- Meeting of the Minds
Having legal capacity; capable quallified
- b A contract that creates no legal rights= no contract at all.
The mutual assent of the parties to a contract with respect to all the prinicipal terms of the contract
The sum of money that may be recovered in the courts of financial reperation for an injury or wrong suffered as a result of breech of contract or a totious act
can be put into effect or carried out refering to legal right. eg. contract;judment
5 Multiple choice questions
- in both contract and tort a remdy that restores the status quo
Involoving two intrests. 2. having two sides
- A contract in which there is a promise on one side only, the consideration being an act rather than a promise.
Effective; suffcient in law; legal
a sum agreed upon by the parties at the time of entering into a contract as being payable by way of compensation for loss suffered by the event of a breech of contract
5 True/False questions
Parol Evidance → Rule evidance of fraud contract
Oral Contract →
A signed, written contract
Implied Contract → A contract that creates no legal rights= no contract at all.
Accord of satisfaction →
an agreement between two persons, one of whom is suing the other, in which the clamant accepts a compromise in full satisfaction of his claim (usually less)
Misrepresentation → in both contract and tort a remdy that restores the status quo