Review Sheet_StudyGuide - HA 387 EXAM 3 REVIEW MATERIALS...

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HA 387 PROFESSOR SHERWYN EXAM 3 REVIEW MATERIALS I. Contracts 1. Courteen Seed v. Abraham (1929)¡XThe court here ¡§defines¡¨ offer and acceptance by listing ¡§fact patterns¡¨ of a bunch of hypothetical and real cases. Make sure that you understand how to distinguish a valid offer and a valid acceptance from invalid ones. 2. Vaskie v. West American (1989) How long does a ƒà have in which to accept the offer? How long is a ¡§reasonable time for acceptance?¡¨ Would this case be different if in ƒ´¡¦s settlement offer letter, it specified that the offer would be open only as long as ƒà would have had to file her claim? Does it make any difference that ƒà didn¡¦t file a claim in time? 3. Dourgoherty v. Salt (1919)--- What is consideration? The court calls the note written by the aunt to her nephew a ¡§voluntary and unenforceable promise of an executory gift.¡¨ Was the court right in holding that there was no contract? What is the difference between a gift and consideration? 4.
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This test prep was uploaded on 02/19/2009 for the course H ADM 387 taught by Professor Dsherwyn during the Fall '07 term at Cornell University (Engineering School).

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Review Sheet_StudyGuide - HA 387 EXAM 3 REVIEW MATERIALS...

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