Exam 9: Introduction to Contracts

Patty is a poor college student struggling to work and keep up with her studies.Fred,her uncle,promises to pay Patty support of $200 per month for the next six months.Although Fred didn't ask her to,she quits her current job in order to devote full time to her studies for the next six months.Fred makes one payment and then stops with no explanation.If Patty sues,what is the likely result?

Walter enters a dentist office and points to a damaged tooth. The dentist, Matt, treats the tooth. If Walter refuses to pay and Matt sues:

When promissory estoppel is used by the courts,it is because there is NOT an enforceable contract present.

I tell you that if you promise to paint my house this month,I'll pay you $1,000 when you finish the job.If you accept,this is a unilateral contract.

Jack mails an offer to Joan that states,"I offer to sell you my car for $2000.If I don't hear from you in 10 days,I will assume you are willing to buy the car for the stated price." Jack hears nothing by the deadline and assumes he has a deal.What is the result?

Software clickwrap and shrinkwrap agreements limiting the manufacturer's maximum responsibility to a refund of the purchase price even if the software destroys your hard drive have generally been found to be binding against consumers.

Keith told Carrie,"I am going to sell my snow blower.Do you want to buy it today for $150?" Carrie replied that she did.In this situation:

The UCC codifies the common law mirror image rule for the sale of goods.

Contracts that do not arise from mutual agreement but are created by courts to avoid unjust enrichment are:

A quasi-contract is the same as an oral contract.

List and briefly describe the basic elements of a contract.

In most contract cases,judges practice judicial activism because it is a means to avoid injustice.

Valerie promises Teresa that she will pay Teresa $75 if Teresa will clean Valerie's house by noon on Saturday.If Teresa cleans the house by noon on Saturday and Valerie pays the $75,then this is an implied,bilateral,executory contract.

An offer can be terminated only by the person who made the offer.

Frank's Furniture Company promised in a written agreement to purchase as much walnut wood "as it desires" from Forestry Products,Inc.If Frank's purchased walnut wood from another source and Forestry Products sued,what is the likely result?

The Uniform Commercial Code governs contracts for the sale of:

Shelly offers to sell Jane goods both parties know are stolen.Jane accepts the offer,and agrees to pay for the goods.Later,Jane refuses to accept or pay for the goods.If Shelly sues Jane for breach of contract,what is the probable result?

The elements of a contract are agreement,consideration,legality,and capacity.

An express contract:

"I'll sell my car to you if I decide to sell it" is an example of: