Unformatted text preview: Contracts II
Contracts II Genuineness of Assent
Genuineness of Assent Mistakes Fraudulent Misrepresentation Undue Influence Duress – Threat of criminal prosecution Statute of Frauds
Statute of Frauds Types of Contracts that fall under the Statute of Frauds:
1 Yr. Rule – Contracts that by their terms cannot be performed in one year Collateral Promises – Contracts to pay the debt of another
– Person agreeing to pay is not liable unless in writing Prenups – Contracts in consideration of marriage Sale of Goods
– UCC Third Party Rights
Third Party Rights Assignment
General Rule re: Assignment
Exceptions to Assignment (4)
Exceptions to Exception #4 Third Party Rights
Third Party Rights Intended Beneficiary – Only third party intended beneficiary may sue Incidental Beneficiary Problems
Problems All problems at end of Chapter 9!
Make sure you have read all of Chapter 9 ! ...
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