Chapter 6, 7 Contract Formation Flashcards

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1
Q

Consensus

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2
Q

Contract

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3
Q

Consideration

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4
Q

Capacity

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5
Q

Legality (in Contract)

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6
Q

Intention (in Contract)

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7
Q

Formal Contract

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8
Q

Express Contract

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9
Q

Simple/Parol Contract

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10
Q

Implied Contract

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11
Q

Valid Contract

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12
Q

Void Contract

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13
Q

Voidable Contract

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14
Q

Unenforceable Contract

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15
Q

Illegal Contract

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16
Q

Bilateral Contract

A
17
Q

Unilateral Contract

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18
Q

Consensus

A
19
Q

Offer

A
20
Q

Subject-to Clause

A
21
Q

Invitation to Treat

A
22
Q

Revocation/Revoke

A
23
Q

Counteroffer

A
24
Q

Acceptance

A
25
Q

Postbox Rule

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26
Q

Consideration

A
27
Q

Gratuitous Promise

A
28
Q

Past Consideration

A
29
Q

Quantum Meruit

A
30
Q

Capacity

A
31
Q

Infants/Minors

A
32
Q

Repudiate/Repudiation

A
33
Q

Law and Equity Act (not Statute of Frauds in BC)

A
34
Q

Indemnity

A