Intro to Contract Law Flashcards
1
Q
key terms
A
contract
formation of contract
terms of a contract
vitiating factors
discharge of contract
remedies
2
Q
contract definition
A
an agreement that the law will enforce
3
Q
formation of a contract definition
A
agreement to do something (5 requirement)
4
Q
terms of a contract definition
A
obligations and rights of each party (can be express or implied)
5
Q
vitiating factors definition
A
factors which might void a contract
6
Q
discharge of contract definition
A
how a contract ends or is breached
7
Q
remedies definition
A
remedies that parties seek when a contract is breached
