Defenses to Enforceability Flashcards

1
Q

Age

A

a contract with a minor is VOIDABLE at the option of minor

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2
Q

Mental Illness

A

VOID

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3
Q

Duress

A

Wrongful Threat

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4
Q

Undue Influence

A

Uneven bargaining position

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5
Q

Unconscionability

A

Result itself will be unfair

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6
Q

Illegal

A

Unenforceable

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7
Q

Unilateral Mistake

A

Generally not a defense UNLESS
- other party knew of mistake
- clerical error

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8
Q

Mutual Mistake

A

Both Parties mistaken about material term
Remedy: rescission

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9
Q

Intentional Misrepresentation

A

Knew/should have known of falsity with intent to induce reliance

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10
Q

Negligent Misrepresentation

A

Causes the innocent party to detrimentally rely

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11
Q

Non-compete Clauses

A

reasonable under the circumstances

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12
Q

Statute of Frauds

A

MYLEGS
Marriage
One Year
Land
Executor
Guarantor/Surety
Sale of goods of $500 or more

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13
Q

SoF Land Exception

A

showing of 2 out of 3:
1) Some payment
2) possession of lang
3) Valuable improvements

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14
Q

SoF Guarantor/Surety Exception

A

1) Look to main purpose/ motive
2) If self-serving, contract does NOT need to be in writing

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15
Q

SoF Sale of goods of $500 Exception

A

1) Partial Performance will take contract out of SOF
2) Merchant Confirmation:
- Confirmation signed by sender
- Includes the quantity
- No written objection within 10 days

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16
Q

Legal Writing needs:

A
  1. Parties
  2. Subject Matter
  3. Material Terms
  4. Signed by party to be charged