Legal - Legal? First Review: OFFER plus ACCEPTANCE...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon

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

View Full DocumentRight Arrow Icon

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

View Full DocumentRight Arrow Icon

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

View Full DocumentRight Arrow Icon

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

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Legal? First Review: OFFER plus ACCEPTANCE supported by CONSIDERATION equals CONTRACT Is there a difference? Void vs. Voidable Defenses that can be raised to enforcement: Legality Capacity Consent Legality Violation of a statute Violation of public policy Contracts that May Violate a Statute Wagers Licensing Statutes Usury Facts: Authentic Home Improvements (Authentic) performed work on Diane Mayos home. Mayo sued for return of the money she paid. In court, Authentic admitted that it had no contractors license when it began the work, but had expected to obtain it shortly. The court ordered Authentic to return the money Mayo had paid. Authentic returned to court when it discovered that the license had in fact been issued soon after work began, and thus it should not be obligated to return Mayos money but should be paid its full fee for the work completed....
View Full Document

This note was uploaded on 04/09/2012 for the course BA 3301 taught by Professor Stanb during the Spring '09 term at University of Houston - Downtown.

Page1 / 17

Legal - Legal? First Review: OFFER plus ACCEPTANCE...

This preview shows document pages 1 - 8. Sign up to view the full document.

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