Question
1.Minors and contracts.Can they enter them legally? What is the status of the contract?Can the minor get out of the contract? How? When? 2.What are
1.Minors and contracts.Can they enter them legally? What is the status of the contract?Can the minor get out of the contract? How? When?
2.What are acceptable terms for non compete agreements? When will they be upheld/enforced?
3.Duress as a defense to enforcing a contract vs. undue influence as a defense to enforcing a contract.What is the difference between those two defenses?
4.What is the parol evidence rule?
5.What is the Statute of Frauds? What five types of contracts does it apply to?What needs to be included in the writing? Who needs to sign the written agreement for it to be enforceable?
6.What is a third party intended beneficiary?How are they different from an incidental beneficiary?What is a donee beneficiary?
7.What is the difference between an assignment vs. delegation. What types of things that CANNOT be assigned or delegated?What things CAN ALWAYS be assigned or delegated?
8.In contract law, what is a material breach?What does it mean if you have substantially performed?If you have substantially performed but not performed 100%, what is the other party entitled to, if anything, for damages?
9.What is the difference between equitable damages and money damages?What are the different equitable remedies the court can grant?What are the different types of monetary damages the court can grant?What are the reasons you might seek an equitable remedy instead of money damages?
10.What is the UCC?What does Article 2 of the UCC cover?What does Article 2A of the UCC cover? What does it mean to have open terms in a UCC contract? What happens if there are open terms in a contract under Article 2 of the UCC?Does it matter what term is missing?
11.What is a merchant?Does it matter in a contract under the UCC if the parties are merchants or not?What are the different rules that apply to merchants vs. non merchants?
12.Under Article 2 of the UCC, what does Risk of Loss mean?How do you know who has the risk of loss if it is not stated in a contract?Does it matter if it is a shipment or destination contract?
13.Under Article 2 of the UCC, what is the Right of Inspection of the buyer?When does that have to be done?What happens if there is something wrong with the goods that were delivered?Does the buyer have to notify the seller?When?
14.What is an implied warranty of fitness for a particular purpose?What knowledge is required?
15.What is the difference between an implied warranty and an express warranty?
16.In a product liability lawsuits, what defenses might be available to the Defendant?
17.In Strict Product Liability cases dealing with a defective design, who is liable?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started