Sections Flashcards

1
Q

Structure of Claims

A

The categorization of claims into three main categories: existence of claim, did the claim disappear, enforceability of claim

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2
Q

Existence of Claim

A

The category of claims that focuses on whether a claim has come into existence.
Examples: Contractual, virtually contractual, in rem, tort, unjustified enrichment

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3
Q

Did the Claim Disappear

A

The category of claims that examines whether a claim has ceased to exist.
Examples: S 362 BGB (fulfillment), S 346 BGB (revocation), S 275 BGB (impossibility).

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4
Q

Enforceability of Claim

A

The category of claims that deals with the ability to enforce a claim.
Examples: S 214 BGB (limitation of claim), S 1000 BGB (right of retention).

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5
Q

Declaration of Will

A

The key element of any legal transaction, an expression of will with the aim to achieve a legal consequence.

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6
Q

Grounds for Voidness of Declaration

A

Error (error in characteristics, unlawful threats, fraudulent representation), error in communication, mistake of expression.

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7
Q

Agency 164 requirements

A

Requirements (S 164 BGB): Own declaration of will by the agent, in the name of the principal, within the scope of authorization.

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8
Q

Obligation

A

A legal relationship where one party is entitled to claim performance from another party.

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9
Q

Purchase Agreement

A

A type of contract that involves the transfer of ownership of goods.
Duties: Seller delivers the thing without defects, transfer ownership. Buyer pays, accepts delivery.

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10
Q

Remedies in Purchase Agreement

A

Cure (supplementary performance), compensation for delay, compensation instead of performance, compensation for all remaining damages, revocation, reduction of price.

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