Page 20 Flashcards
What is an agreement made in consideration of marriage?
Promise to give money or property in exchange for marriage, or for a third-party to give something
Must a contract made in consideration of marriage be in writing?
Yes, according to the SOF
Contracts in consideration of marriage must be in writing, but that doesn’t apply to what?
Mutual promises to marry or promises made in contemplation of marriage
According to the SOF, every agreement or undertaking made in consideration of marriage, except the mutual promise to marry, is void unless what?
It is in writing and signed by the party to be charged
Contracts made in consideration of marriage also include what but don’t include what?
- include marriage settlement contracts and prenuptial agreements
- don’t include mutual promises between prospective spouses to marry
If your mom tells you she will give you $10,000 as a wedding present if you marry John, is that enforceable?
Not unless it is in writing
Under the SOF what must be included in a writing?
- identify both parties
- subject matter
- essential terms
- signature of party to be charged
If a contract just has a vague description of the parties, what can be done?
Extrinsic evidence can be admitted to clarify
What are some things that can be considered a writing?
- receipt
- telegram
- corporate minutes
- check
- suicide note
- will
What are some things that are considered signatures?
- initials
- firm logos
- letterhead
- imprinted signature
- signed by an agent
What does it mean that there has to be a signature?
- any symbol used by a party
- with present intent to authenticate the writing
If there are several records but not all are signed or attached to each other, but the document refers to the same subject matter as the signed one, what can be done to prove SOF?
Extrinsic evidence can be used to show the connection and assent of the party
If a UCC contract doesn’t properly state the quantity term, what is recovery limited to?
The amount stated, unless the court reforms the record
If a UCC record is in error about any term besides the quantity, what can be done?
Extrinsic evidence is allowed to correct it
What are the exceptions to the SOF rule that suretyship contracts must be in writing?
- promise to debtor
- promisor is the primary obligor
- main purpose rule