Contracts Flashcards

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1
Q

Common Law vs. UCC

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2
Q

Requirements to Form a Valid Contract

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3
Q

Mutual Assent: Offer & Acceptance

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4
Q

Termination/Revocation of Offer

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5
Q

Merchant’s Firm Offer

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6
Q

Advertisements

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7
Q

Timing of Acceptance/Revocation & the Mailbox Rule

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8
Q

Battle of the Forms (Mirror Image Rule & UCC Exception)

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9
Q

Implied-in-Fact Contracts

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10
Q

Output and Requirement Contracts

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11
Q

Bargained for Exchange

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12
Q

Promissory Estoppel/Detrimental Reliance

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13
Q

Incapacity

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14
Q

Unconscionability

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15
Q

Mutual Mistake & Unilateral Mistake

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16
Q

Contracts Requiring a Signed Writing

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17
Q

Exceptions when a Writing is Not Required

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18
Q

Pre-Existing Duty Rule & Exceptions

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19
Q

Parol Evidence Rule

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20
Q

Condition Precedent

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21
Q

Frustration of Purpose

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22
Q

Impossibility

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23
Q

Impracticability

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24
Q

Waiver

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25
Q

Accord and Satisfaction

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26
Q

Minor Breach (Substantial Performance Doctrine) vs. Material Breach

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27
Q

Time is of the Essence Clause

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28
Q

UCC Perfect Tender Rule and Exceptions

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29
Q

Anticipatory Repudiation & Adequate Assurances

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30
Q

Implied Obligation of Good Faith and Fair Dealing

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31
Q

Implied Warranty of Merchantability

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32
Q

Third-Party Beneficiaries & Enforcement of Rights

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33
Q

Delegable Duties

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34
Q

Assignment

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35
Q

Novation

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