EXTRAS - contract law Flashcards
1
Q
which contract isn’t legally recognised
A
contract to undertake criminal activity
2
Q
is it essential for a contract to be in writing
A
no
3
Q
contract essential terms
A
- offer and acceptance
- consideration
- intention to create legal relations
4
Q
what is a price label? (offer, consideration, itt etc)
A
invitation to treat
5
Q
where must consideration move from
A
the promisee
6
Q
what can you claim as a misrepresentee
A
claim damages for losses
7
Q
what can happen to any legal presumption of intention
A
capable of being rebutted
8
Q
how does misrepresentation affect intention
A
it means one of the parties didn’t agree so there is no intention = renders contract voidable
9
Q
what is valid extra consideration for a part payment of a debt
A
- payment in the form of goods
- payment by 3rd party
