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PLEASE MATCH THE FOLLOWING TERMS WITH THEIR DEFINITIONS: _____ A. Quasi-contract _____ B. Implied contract _____ C. Express contract _____ D. Promissory estoppel _____ E.

PLEASE MATCH THE FOLLOWING TERMS WITH THEIR DEFINITIONS:

_____ A. Quasi-contract

_____ B. Implied contract

_____ C. Express contract

_____ D. Promissory estoppel

_____ E. Bilateral contract

_____ F. Mirror image rule

_____ G. Letter of intent

_____ H. Gap-filler

_____ I. Counteroffer

_____ J. Clickwrap

_____ K. Liquidated debt

_____ L. Consideration

_____ M. Accord and satisfaction

_____ N. Illusory promise

_____ O. Preexisting duty

_____ P. Usury

_____ Q. Unconscionable

_____ R. Exculpatory

1. An agreement with all terms stated explicitly.

2. A judicial remedy based on a defendants promise on which the plaintiff reasonably relied.

3. An agreement based on one promise in exchange for another.

4. A judicial remedy based on a benefit given by the plaintiff to the defendant.

5. An agreement based on the words and actions of the parties.

6. A communication between negotiating parties that summarizes their progress and may imply a binding agreement.

7. An agreement made online by a consumer who may not understand its terms.

8. One method of rejecting an offer.

9. A common law principle requiring the acceptance to be on exactly the terms of the offer.

10. Terms supplied by the UCC for use in saleofgoods contracts.

11. A promise made by one party which in reality obligates him to do nothing.

12. Something the promisor is already obligated to do.

13. A debt in which the amount is undisputed.

_____ S. Licensing statute

_____ T. Noncompete

_____ U. Undue influence

_____ V. Disaffirm

_____ W. Restitution

_____ X. Fraud

_____ Y. Misrepresentation

14. Payment of an agreed upon sum that is less than what the creditor originally claimed.

15. Bargaining that leads to an exchange between the parties.

16. A contract clause intended to relieve one party from potential tort liability.

17. A contract clause designed to prevent, among other things, an employee from working for a competitor.

18. A contract provision that no one who understood it would sign.

19. Illegally high interest rates.

20. A law designed to protect the public from incompetent professionals and trades people.

21. Misstatement of fact.

22. The intention to deceive the other party.

23. One party to a contract notifies the other that he refuses to go through with the agreement.

24. Restoring the other party to its original position.

25. A dominant relationship together with improper persuasion.

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