Mutual Assent

Mutual Assent - Mutual Assent Mutual Assent Objective...

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Unformatted text preview: Mutual Assent Mutual Assent Objective theory Offer Requirements Serious objective intent Preliminary Negotiations (Bids) Advertisements Auctions Definite terms Contract Law v. Sales Law Open Terms Output and Requirement Contracts Communication Case Study Lefkowitz v. Great Minneapolis Surplus Store, Inc. Issue Ruling Application Conclusion Mutual Assent Termination by action of parties Revocation Limitations Rejection Counteroffer Lapse of time Destruction of subject matter Death or incompetency Subsequent illegality Termination by operation of law Mutual Assent Acceptance Who can accept Variant acceptance Common Law UCC Silence as acceptance Communication of acceptance Mailbox rule Exceptions Conduct Invalidating Assent Conduct invalidating assent Mistake Unilateral mistake Mutual mistake Fraudulent misrepresentation (Fraud in the inducement) False representation Material fact Knowledge of falsity and intent to deceive (scienter) Justifiable reliance Fraud in the execution Conduct Invalidating Assent Nonfraudulent misrepresentation Negligent misrepresentation Innocent misrepresentation Undue influence Duress Physical force Improper threats ...
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Mutual Assent - Mutual Assent Mutual Assent Objective...

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