Inner Contracts Checklist Flashcards
1
Q
Formation
A
- Applicable Law
- Offer
- Termination
- Revocation
- Rejection
- Acceptance
- Consideration
- Defenses
2
Q
Third Party Beneficiary/Assignments, Delegations
A
Does Public Intercourse Cause V.D.
- Define
- Privity
- Intent to Benefit
- Classification
- Vesting
- Defenses
- Divide lawsuits (if necessary)
3
Q
Excuses to fulfilling a condition
A
SWAP DIVE
- Substantial Performance
- Waiver
- Anticipatory repudiation
- Prevention
- Divisibility
- Impossibility of Performance
- Voluntary disablement (prospective inability to perform)
- Estoppel
4
Q
Discharge
A
IM FOR SANDI
If plaintiff’s condition has been satisfied, then defendant’s absolutely duty to perform matures unless discharged by one of the following:
- Impossibility of performance
- Modification
- Frustration of purpose
- Occurrence of condition subsequent
- Rescission
- Substituted contract
- Accord and Satisfaction
- Novation
- Defenses to formation
- Impractibility
5
Q
Remedies
A
Does Ronald Reagan Read Sports Illustrated
- Damages
- Rescision
- Restitution
- Reformation
- Specific Performance
- Injunction
6
Q
Types of damages
A
- General
- Special-Consequential
- Liquidated
- Reliance
- Avoidable Consequence Rule
- Quasi-Contract
7
Q
Specific Performance
A
Charles Atlas Earns Much Cash Delivering Elephants
- Valid Contract
- Adequacy of legal remedy
- Enforceability of decree
- Mutuality of remedy
- Conditions
- Defenses
- Equitable conversion