Contracts Practice Midterm
The first party we need to look at in relation to Bill Wilder is Horace Keefer. We need to
determine if there is a contract between the two. In order to determine that we nee
o Previous promise to paint. Was this past consideration or a gratuitous promise?
o Oral agreement saying I will paint and also get straight bs and sam Washington in
response says I will give you money. Statute of Fraud
o Helping out more,
PAROLE EVIDENCE CHECKLIST
1. Written Agreement- have the parties memorialized their agreement in a writing?
a. No. If there is no writing agreement, then your inquiry ends here and the parole
evidence rule does not apply
b. Yes. If so, then the parole evi
What body of law does this fall under?
Must determine if there is a valid k and what body of law applies
Article 2 of the UCC deals with the sale of goods or in other words moveable
The common law deals with all other transactions
UCC 1-103 hol
Contract Fall Exam
Prof. John D. Haskell
Dec. 19th, 2013
3 Hour Exam (One Exam Question)
Students may bring outlines but no other materials into the room for the exam. The exam is
one question, with a three hour time frame to complete. Best of luck!
PAROLE EVIDENCE RULE.1
Merger Clauses and Exceptions to PER3
- Implied Terms.4
- Implied Obligation of Good Faith and Fair Dealing.5
- Implied Warranties.6
Disclaimers of Warranties.8
WHAT IS A CONTRACT?
HOW ARE CONTRACTS FORMED?
WHAT ARE THE CONSEQUENCES
FOR BREACH OF CONTRACT?
What Is A Contract?
Restatement 1 - Contract Defined:
A contract is a promise or a set of promises for
the breach of which the law g