Rigos_Acronyms-All Flashcards
Aid to Studying for the Bar Exam
Overall memory ladder acronym for contract law: OAC LLS VIPR TAD
*Contracts / UCC-Article 2
“O”ffer by offeror with definite terms expressing intent to be bound that is not yet revoked or rejected creating the power of acceptance in a particular offeree
“A”cceptance by offeree through a return promise or performance
“C”onsideration benefit received by promisor or detriment incurred by promisee
“L”egal capacity of contracting parties not infant, insane, or intoxicated (3Is)
“L”egal subject matter and not against public policy
“S”tatute of frauds (SOF) compliance – writing signed by D – if a MOULS contract
“V”oid or voidable circumstances MUFFED
“I”nterpretation of contract II PACC
“P”erformance and breach
“R”emedies MRS DAISI
“T”hird party beneficiary creditor or done
“A”ssignment of Rights by promisee to assignee
“D”elegation of Duties by obligor to delegatee
(c) 2014 Rigos Professional Education - All Rights Reserved
Contract formation OAC trilogy
*Contracts / UCC-Article 2
“O”ffer by offeror with definite terms expressing intent to be bound that is not yet revoked or rejected creating the power of acceptance in a particular offeree
“A”cceptance by offeree through a return promise or performance
“C”onsideration benefit received by promisor or detriment incurred by promisee
(c) 2014 Rigos Professional Education - All Rights Reserved
Common Law Contract Subjects: SIR
*Contracts / UCC-Article 2
“S”ervices include personal (employee’s labor), professional (attorney’s advice), and construction (builder’s construction).
“I”ntangibles include software, patents, trademarks, copyrights, accounts receivable, legal claims, and money.
“R”eal estate includes contracts for the sale, purchase, or encumbrance of land.
(c) 2014 Rigos Professional Education - All Rights Reserved
Offer – DIPP
*Contracts / UCC-Article 2
“D”efinite Terms with
“I”ntention to Create a Present
“P”ower of Acceptance in a
“P”articular Offeree
(c) 2014 Rigos Professional Education - All Rights Reserved
UCC Order of Court Imposing Gap-Filling Terms: CPU
*Contracts / UCC-Article 2
“C”ourse of Performance Between Parties
“P”ast Course of Dealings Between Parties
“U”sage of Trade in Industry
(c) 2014 Rigos Professional Education - All Rights Reserved
Acceptance Additions Between Merchants: MOP
*Contracts / UCC-Article 2
“M”aterially change the essence of the bargain
“O”bjected to by the offeror, or such additional terms were
“P”recluded in the offer
(c) 2014 Rigos Professional Education - All Rights Reserved
Capacity Defenses: 3 Is
*Contracts / UCC-Article 2
“I”nfants
“I”nsanity
“I”ntoxication
(c) 2014 Rigos Professional Education - All Rights Reserved
Reasonable Terms Required for Non-Compete Agreements: SAT
*Contracts / UCC-Article 2
“S”ubject of Restraint
“A”rea of Geographical Restraint
“T”ime Limit
(c) 2014 Rigos Professional Education - All Rights Reserved
Statute of Frauds Requiring a Writing and D’s Signature: MOULS
*Contracts / UCC-Article 2
"M"arriage Including Property Transfer "O"ver One Year "U"CC If $500 US or More PAWS Exceptions "L"and Sale or Lease "S"uretyship Promises
(c) 2014 Rigos Professional Education - All Rights Reserved
UCC If $500 US or More: PAWS Exceptions to SOF
*Contracts / UCC-Article 2
“P”art Performance
“A”dmission
“W”ritten Confirmations Between Merchants
“S”pecifically Manufactured Goods
(c) 2014 Rigos Professional Education - All Rights Reserved
Void or Voidable Circumstances: MUFFED
*Contracts / UCC-Article 2
"M"istakes "U"nconscionability "F"raud "F"iduciary’s Undue Influence "E"stoppel Defenses "D"uress
(c) 2014 Rigos Professional Education - All Rights Reserved
Fraud In the Inducement: FIRD
*Contracts / UCC-Article 2
“F”alse Statement of a Material Fact
“I”ntention to Deceive
“R”eliance on the False Statement
“D”amages
(c) 2014 Rigos Professional Education - All Rights Reserved
Interpretation of Contract: II PACC
*Contracts / UCC-Article 2
"I"ntentions of Parties Control "I"ncorporation by Reference "P"arol Evidence Rule DUCAS Exceptions "A"mbiguity "C"ontrolling Statute "C"onflict of Laws
(c) 2014 Rigos Professional Education - All Rights Reserved
Parol Evidence Rule: DUCAS Exception
*Contracts / UCC-Article 2
"D"efect in Formation "U"CC Trade and Dealings "C"ondition Precedent "A"mbiguity Interpretation "S"ubsequent Modifications
(c) 2014 Rigos Professional Education - All Rights Reserved
COD
*Contracts / UCC-Article 2
“C”ash “o”n “D”elivery
(c) 2014 Rigos Professional Education - All Rights Reserved
FOB
*Contracts / UCC-Article 2
“F”ree “o”n “B”oard
(c) 2014 Rigos Professional Education - All Rights Reserved
FAS
*Contracts / UCC-Article 2
“F”ree “A”long”S”ide
(c) 2014 Rigos Professional Education - All Rights Reserved
CIF
*Contracts / UCC-Article 2
“C”ost, “I”nsurance, and “F”reight
(c) 2014 Rigos Professional Education - All Rights Reserved
LOC
*Contracts / UCC-Article 2
“L”etter “o”f “C”redit
(c) 2014 Rigos Professional Education - All Rights Reserved
Warranty Exclusions and Disclaimers Require: 5 Cs Test:
*Contracts / UCC-Article 2
"C"lear "C"onspicuous "C"onscionable "C"onsistent "C"onsumer Purchaser
(c) 2014 Rigos Professional Education - All Rights Reserved
Excusable Nonperformance: CIISSU
*Contracts / UCC-Article 2
"C"ooperation Lacking or Hindrance "I"llegality After Formation "I"ncapacity of Personal Service Contractor "S"ource of Supply Impossible "S"ubject Matter Destroyed "U"CC Failure of a Presupposed Condition
(c) 2014 Rigos Professional Education - All Rights Reserved
Common Law Remedies: MRS DAISI
*Contracts / UCC-Article 2
“M”oney Damages
“R”escission / Reformation / Replevin / Restitution – 4 Rs
“S”pecific Performance
"D"eclaratory Judgment "A"ccounting "I"njunctions "S"tatute of Limitations "I"n Quasi-Contract
(c) 2014 Rigos Professional Education - All Rights Reserved
UCC Buyer Remedies: CICS
*Contracts / UCC-Article 2
“C”over by Purchasing Substitute Equivalent Goods
“I”ncidental Damages
“C”onsequential Damages
“S”pecific Performance
(c) 2014 Rigos Professional Education - All Rights Reserved
Rescission / Reformation / Replevin / Restitution: 4 Rs
*Contracts / UCC-Article 2
“R”escission or a Complete Undoing
“R”eformation or Changing the Contract
“R”estitution – Value Added or Compensate Victim
“R”eplevin of Stolen Goods
(c) 2014 Rigos Professional Education - All Rights Reserved
UCC Seller’s Remedies: RRIP*Contracts / UCC-Article 2
“R”ecession
“R”esell Goods
“I”ncidental Damages
“P”rofit Lost Interest
(c) 2014 Rigos Professional Education - All Rights Reserved
UCC Buyer’s Remedies: CICS
*Contracts / UCC-Article 2
“C”over with Equivalent Goods
“I”ncidental Damages
“C”onsequential Damages
“S”specific Performance
(c) 2014 Rigos Professional Education - All Rights Reserved
Specific Performance Remedy: CIT
*Contracts / UCC-Article 2
“C”over Not Possible
“I”dentification of Goods
“T”ransfer of BFP Not Made
(c) 2014 Rigos Professional Education - All Rights Reserved
Parent – Child Liability: SAD
*Torts
“S”upervision Failure
“A”gency for Family
“D”angerous Instrumentality
(c) 2014 Rigos Professional Education - All Rights Reserved
Proof Not Required: BAFTD
*Torts
"B"attery "A"ssault "F"alse imprisonment "T"respass to land "D"efamation
(c) 2014 Rigos Professional Education - All Rights Reserved
Transferred Intent Between Torts
*Torts
“B”attery”A”ssault”F”alse Imprisonment”T”respass to Land”T”respass to Chattels
(c) 2014 Rigos Professional Education - All Rights Reserved
Defenses to Imminent Harm: SOP
*Torts
Defense of “S”elf
Defense of “O”thers
Defense of “P”roperty
(c) 2014 Rigos Professional Education - All Rights Reserved
Negligence Elements: ABCD
*Torts
“A” D’s duty to P
“B”reach of Duty
“C”auses Harm
“D”amages to P
(c) 2014 Rigos Professional Education - All Rights Reserved
Fraud Elements: FIRD
*Torts
“F”alse Statement of Material Fact
“I”ntention / Scienter
“R”eliance by P
“D”amages
(c) 2014 Rigos Professional Education - All Rights Reserved
Product Defense Balancing Test: RAD
*Torts
“R”easonable
“A”lternative
“D”esign
(c) 2014 Rigos Professional Education - All Rights Reserved
Product Liability Defenses: SCAAM
*Torts
"S"tate of the Art "C"omparative Fault "A"ssumption of the Risk "A"lteration "M"isuse or Overuse
(c) 2014 Rigos Professional Education - All Rights Reserved
Defamation Definition: FPID
*Torts
“F”alse statement of fact concerning P
“P”ublicized to a third person (in understandable language) with a wrongful
“I”ntention or at least negligence in exposing the P to hatred, contempt, ridicule, or disgrace that creates
“D”amages to P’s reputation and good name
(c) 2014 Rigos Professional Education - All Rights Reserved
“Per Se” Defamation Damage Categories: LUNI
*Torts
“L”oathsome Disease
“U”nchastity or Other Serious Sexual Misconduct
“N”otorious Criminal Allegation
“I”njury in Trade, Business, or Profession
(c) 2014 Rigos Professional Education - All Rights Reserved
Defamation Defenses: TEMPR
*Torts
"T"ruth "E"xpress or Implied Consent "M"ere Subjective Opinion "P"rivilege "R"etraction
(c) 2014 Rigos Professional Education - All Rights Reserved
Invasion of Privacy Torts: PAPI
*Torts
“P”ublic Disclosure of Private Matter
“A”ppropriation of Commercial Likeness
“P”ublication in a False Light
“I”ntrusion Upon Seclusion
(c) 2014 Rigos Professional Education - All Rights Reserved
Joint Tenancy Four Unities Required: PITS
*Real Prop
“P”ossession
“I”nterest
“T”ime
“S”ource of Title
(c) 2014 Rigos Professional Education - All Rights Reserved
Rights and Liabilities of Co-Ownership: PADS
*Real Prop
“P”ossession
“A”ccountability
“D”uty Fair Dealing
“S”hare Contribution
(c) 2014 Rigos Professional Education - All Rights Reserved
Easement Creation Methods: PINEE
*Real Prop
"P"rescription (Similar to Adverse Possession) "I"mplication "N"ecessity "E"xpress "E"stoppel
(c) 2014 Rigos Professional Education - All Rights Reserved
An Easement by Prescription requires: CHO
*Real Prop
“C”ontinual Possession for Statutory Period
“H”ostile to True Owner’s Interest
“O”pen and Notorious
(c) 2014 Rigos Professional Education - All Rights Reserved
An Easement by Implication: CRAN
*Real Prop
“C”ontinuous or Permanent
“R”easonably Necessary
“A”pparent upon Inspection
“N”o Practical Alternative Route
(c) 2014 Rigos Professional Education - All Rights Reserved
Easement Termination is caused by: L RAMPS
*Real Prop
"L"ack of Necessity "R"elease or Estoppel "A"bandonment "M"erger "P"hysical Blockage "S"everance
(c) 2014 Rigos Professional Education - All Rights Reserved
License to Use or Come on Land: NNAPP
*Real Prop
“N”on-exclusive
“N”on-“A”ssignable
“P”ersonal
“P”ermissive right to use or come onto the property of another
(c) 2014 Rigos Professional Education - All Rights Reserved
Requirements for the Benefit / Burden of Covenants to Run: SPIT
*Real Prop
“S”OF Writing Required
“P”rivity of Estate (Horizontal and Vertical)
“I”ntent to Bind Successors in Interest
“T”ouch and Concern the Land
(c) 2014 Rigos Professional Education - All Rights Reserved
Requirements for Equitable Servitudes to Run: SITS
*Real Prop
“S”OF Requirement
“I”ntent to Bind LaND
“T”ouch and Concern the Land
“S”uccessor Notice
(c) 2014 Rigos Professional Education - All Rights Reserved
Property Listing Agreement Contents: DEWD
*Real Prop
“D”uration of Contract
“E”arned” Conditions
“W”riting Required
“D”escription of Property
(c) 2014 Rigos Professional Education - All Rights Reserved
Land Sale Contracts – Marketable Title: LIPP
*Real Prop
“L”egal Description”I”dentification of Closing Entity”P”rice of Property”P”arties
(c) 2014 Rigos Professional Education - All Rights Reserved
Deed Requirements: SADD
*Real Prop
“S”OF Requirements
“A”cknowledgement
“D”escription of Property
“D”elivery of Deed
(c) 2014 Rigos Professional Education - All Rights Reserved
Part Performance Exceptions: PIP
*Real Prop
“P”ossession Delivered to Buyer
“I”mprovements Made by Buyer
“P”ayment – Substantial – by Buyer
(c) 2014 Rigos Professional Education - All Rights Reserved
Statutory (Warranty) Deed Includes: TAFED
*Real Prop
"T"itle of Seisin "A"uthority and Right to Convey "F"ree of Encumbrances – Marketable Title "E"njoyment Quiet "D"efend Buyer’s Interest
(c) 2014 Rigos Professional Education - All Rights Reserved
Bona Fide Purchaser Requirements: FINS
*Real Prop
“F”or Value
“I”n Good Faith
“N”o Record or Inquiry Notice
“S”helter Rule
(c) 2014 Rigos Professional Education - All Rights Reserved
Adverse Possession Requirements: ECHO
*Real Prop
“E”xclusive
“C”ontinuous
“H”ostile to True Owner
“O”pen and Notorious
(c) 2014 Rigos Professional Education - All Rights Reserved