formation Flashcards
offer
manifestation of a willingness to enter an agreement
acceptance
manifestation to be bound to a contract
in Virginia, can you k to agree to agree in the future?
no
va employment k
if no duration term, deemed at will
employer can fire whenever
employee can quit whenever
even if duration term, when will it be considered at will?
parties did not indicate the grounds which employer can fire
requirements k
Buyer will buy all that he requires
in VA, how can we tell is requirement k exists?
all docs involved
parol EV
go to jury if court can find language
consideration
benefit to promisor or
detriment to promisee
is past consideration OK in VA?
no
what is promissory estoppel?
promise reasonably expected to induce reliance
actual reliance
injustice can only be avoided by enforcing promise
does VA use promissory estoppel?
no
VA quasi k
we would have made a k if we could have
va quasi k elements
p confers benefit to D
D knows he got a benefit
inequitable to retain benefit w/o paying
what if acceptance based on condition?
no k