Unit 2 Study guide Spring 2018.docx - Unit 2 Study guide...

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Unit 2 Study guide Spring 2018Categorize contracts into several broad categories and recognize when each category applies (such as express/implied, unilateral/bilateral, entire/divisible, etc)
not ask if you promise to pay for the food at the end of the meal
Unenforceable- because one party asserts a legal defense to performing the contractName the required elements of a valid contract
4. Legality- the requirement that both the performance and subject matter of the contract must be legalSpecific performance – what is it and when can you get it?
Compensatory damages – what are they and when can you get them?

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