Approach Flashcards

1
Q

Contracts Approach

A
  1. Governing Law
  2. Formation
  3. Interpretation
  4. Performance
  5. Remedies
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2
Q

Governing Law

A
  • UCC: Goods
    • Merchants? (All/Some/None)
  • CL: Everything Else
  • Mixed Contracts
    • All or notning rule
    • Predominate purpose test
    • Divisible Contracts
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3
Q

Approach: Formation

A

All Contracts Don’t Stink

  • Agreement
    • Offer
    • Termination
    • Acceptance
  • Consideration
  • Defenses
  • Excuses
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4
Q

Approach: Interpretation

A
  • Terms
    • Parol Evidence Rule
    • Warranties (UCC)
    • Conditions vs. Promises
  • Parties
    • 3rd Party Beneficiaries
    • Assignment, Delegation, Novation
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5
Q

Approach: Performance

A
  • Conditions/Promises
  • Discharge
    • Excuse
    • Performance (substantial/full)
  • Anticipatory Repudiation
  • Breach
    *
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6
Q

Approach: Remedies

A
  1. Legal
    • Compensatory
    • Restitution (benefit conferred)
    • Reliance (costs
    • Liquidated
  2. Equitable
    • Specific Performance
    • Injunction
    • Replevin (reposession)
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7
Q

Common Bar Issues

A
  • Offer Revocation
  • Offer Rejection/Counteroffer
  • Statute of Frauds
  • Parole Evidence
  • Warranties
  • Rejection of Goods
  • Money Damages
  • Assignment/Delegation/Novation
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