weaknesses that I need to work on Flashcards
Promisee contracts with promisor, so that the promisor provides a service for the INTENDED 3rd party beneficiary, if the 3rd party has the the K rights to sue, who can they sue to enforce the K?
the third party can sue the promisor
Promisee contracts with promisor so that the promisor provides a service for the benefit of the INTENDED DONEE beneficiary, if the 3rd party has K rights to enforce the K, can they sue the promisee?
No, a 3rd party DONEE beneficiary cannot sue the promisee!
promisee owes a debt to the 3rd party CREDITOR beneficiary. If promisor promises to discharge the promisee’s debt, who can the 3rd party CREDITOR beneficiary sue?
The creditor 3rd party can only sue promisee for the pre-existing debt that the promisee owed.
who is the promisor?
the promisor is the party promising to perform a service for the benefit of the 3rd party
who is the promisee?
the promisee is the person who contracts with the promisor, so that the promisor performs a service to benefit the 3rd party beneficiary.
the original parties (promisor and promisee) will lose their rights to modify or discharge the K if beneficiary?
detrimentally relies on the promise
brings suit on the promisee- intended beneficiary only
or
manifests assent to the promise to either party
a 3rd party intended beneficiary can sue the ________ on the contract. The 3rd party does not waive her right to sue the _______ by bringing the first lawsuit.
promisor
promisee
Can an intended 3rd party donee beneficiary sue the promisee?
No
Can an intended CREDITOR 3rd party beneficiary sue the promisee?
yes but only to recover the pre-existing debt that the promisor failed to perform (to pay the debt)
can the promisee sue the promisor on the K?
yes but note that the 3rd party beneficiary and the promisee cannot recover both
what two steps are required for one of the original parties to assign their contract rights?
there must have been an original K
AND
one of the original parties to the original K assigns his or her rights/ benefits under the K to a 3rd party
who is the obligor?
the other party to the original K who owed performance to the assignor
A writing to assign K rights is not required unless:
it is: a
wage assignment- assignment of an employee’s wage to a 3rd party
land K
over $5000
or is an assignment of an Article 9 security interest
T or F since an assignment is a present transfer, consideration is not needed
True
T or F gratuitous assignments are revocable
True
what is a material breach?
note: under CL substantial performance
what are the non-breaching party’s options?
a refusal to perform a contract that goes to the heart of the promised performance (non-breaching party does not receive substantial benefit of her bargain)
treat contract as terminated and immediate right to all remedies available for the breach
material breach of a divisible contract remedy
non breaching party can recover damages for that particular performance
what are the requirements for specific performance
Mnemonic Cha Cha Is My Favorite Dance
Valid Contract Conditions satisfied by P? Mutuality of obligation Inadequate legal remedy Feasibility of enforcement Defenses to contract
when a mistake is unilateral, reformation is usually denied unless
the other party knows of the other’s mistake. When it is mutual, reformation is allowed
a regulatory taking that isnt a per se regulatory taking can still be considered a regulatory taking under the 5th amendment if:
what factors are considered for the balancing test?
the burden on the property owner of the taking outweighs the benefit of the regulation. Balancing test
factors
1. Nature of Government action -may constitute a taking if it is not reasonably necessary to the effectuation of a substantial public purpose or it has an unduly harsh effect on the property owner’s use of the property
- level of diminution in value of the property;
- property owner’s reasonable investment backed expectations.
what is the remedy for an invalid taking?
the gov’t regulation will be terminated and the gov’t will pay the owner for damages that occurred while the regulation was in effect.
T or F a tenancy by the entirety can be created through a common law marriage
false, it cannot, a legal marriage is required
Court has held it to be a violation of ______ _______ for a judge to give a mandatory jury instruction in a criminal case on an element of the charged crime
due process
what is larceny under the theory of continuing trespass
its when one takes another’s property and carries it away originally not having intent to deprive the owner of it permanently, but then later decides to keep it or deprive the owner from the property permanently.