Sources of Contract Law Flashcards

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1
Q

When does UCC apply?

A

UCC governs sale of goods

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2
Q

What is a sale?

A

any transaction in which the seller transfers title of goods to a buyer

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3
Q

What are goods?

A

any movable item. doesn’t include intangibles (i.e. goodwill, IP), money, real property, services

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4
Q

What is a hybrid case?

A

involves both the sale of goods and service contracts. determined by the predominant purpose test.

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5
Q

What do you consider under the predominant purpose test?

A

(1) Contract language – Was K described as a goods K?
(2) Nature of supplier’s business – i.e., Best Buy sells goods
(3) Value of goods v. services – i.e., $30 in goods but $2 services?

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6
Q

What is an express contract?

A

oral and written expressions of the agreement

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7
Q

What is an implied-in-fact contract?

A

formed by conduct rather than words

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8
Q

What is an implied-in-law contract?

A

arises where one party gives a benefit on another and it would be unjust not to pay the reasonable value of the benefit

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