Contracts 2 - Nick - 1. Are oral contracts valid? See...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1. Are oral contracts valid? See Contracts 1 – Q5 2. How are contract amendments made? See Contracts 1 – Q6 3. What is a letter of intent? See Contracts 1 – Q7 4. How may a contract be discharged? See Contracts 1 – Q8 5. At what age may a minor generally enter a contract? See Contracts 1 – Q9 6. What contracts may a minor enter that are binding? See Contracts 1 – Q10 7. What other persons or entities may not enter a valid contract? See Contracts 1 – Q11 8. What is meant by the corporate veil ? See Contracts 1 – Q12 9. What is an ultra vires contract? See Contracts 1 – Q13 10. What are the conditions under which it is assumed that agreement has been reached? What are the conditions under which the reality of agreement may be questionable? See Contracts 1 – Q14 11. What are the five basic elements that must be established to prove fraud? See Contracts 1 – Q15 12. What is the difference between fraud and misrepresentation? See Contracts 1 – Q16 13. What are the four essentials of consideration? See Contracts 1 – Q17 14. What is meant by forbearance ? See Contracts 1 – Q18 16. What aspects of an employment agreement are enforceable? See Contracts 1 – Q19
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
17. What are the requirements for a court to review a contract dispute? Cannot find this, will ask Monday. 18. What are the requirements for an enforceable contract? Activity involved must be legal Cannot involve crime Cannot involve gambling Cannot involve price-fixing Exchange must involve items of value A promise to give a gift is not a contract Exchange must be mutual Giving and receiving must take place by ALL parties
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/26/2010 for the course CHEE 2552 taught by Professor Geiger during the Spring '10 term at University of Aberdeen.

Page1 / 4

Contracts 2 - Nick - 1. Are oral contracts valid? See...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online