Exam 11: Nature and Classes of Contracts: Contracting on the Internet

The greatest risk to purchasing online is providing your credit card information to the seller.

Louise owned a house next to Robert's house.Robert made a contract with Midcity Painters to paint his house.The painters arrived to paint Robert's house, but mistakenly painted Louise's house.She saw the painters at work and made no comment.Later, Midcity Painters sent Louise a bill for painting her house.She claimed that she was not liable because she had not made any contract with them.Is this a valid defense?

​In a quasi-contract situation, the reasonable value of services or goods to avoid unjust enrichment are called:

In some cases, third persons, such as third party beneficiaries or assignees, have rights on a contract.

A person who makes a promise is the promisor, while a person to whom the promise is made is the promisee.

When a contract sets a price for services rendered, a plaintiff cannot sue for reasonable value.

The subject matter of a contract may relate to:

A contract of record is also referred to as a(n):

A contract is a(n) ________ agreement for which the _______.:

When a contract is fully performed by one party, it is called a unilateral contract.

In a quasi contract the court seeks to enforce the intentions of the parties contained in the agreement.

A contract never can be both executory and unilateral.

An option contract gives one of the parties an absolute right to enter into a second contract at a later date.