3rd Quarter Mortuary Law Test 2 Flashcards
Agreement between two or more competent persons which is enforceable by law.
Contract
Elements of a contract:
Offer
Acceptance
Consideration
Expression of willingness to enter into a contractual agreement
Offer
agreement to an offer resulting in a contract
acceptance
What the promisor demands and receives as the price for a promise.
How one will pay cash, check, money order, property, etc.
consideration
parties to a contract
Offeror
Offeree
party who initiates or makes an offer
offeror
example of an offeror…
FUNERAL HOME
person to whom an offer is made
offeree
example of an offeree
family in a funeral home that accepts or rejects
types of contracts
express
implied
quasi
parties express their intentions at the time of the agreement…either written or oral
express contract
examples of express contracts
At need funeral
Pre-need funeral
contract terms are assumed by acts or conduct of the parties
implied contract
examples of implied contracts
first call
implied contracts become_____________
express contracts
fictional contract applied by a court for a person who is unable to contract for himself.
Raises an obligation in law where, in fact, the parties made no promises.
quasi contract
example of quasi contract
emergency medical care
liability for funeral expenses
Decedent’s estate
Real property
Personal property
property of a deceased person
estate
anything attached to land or land itself
real property
tangible or intangible property, such as personal effects, furniture, vehicles, jewelry, money, stocks & bonds
personal property
personal property can be….
tangible or intangible
condition of leaving a WILL at time of death, may or may not provide for funeral expenses.
testate