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What is the function of a contract? What is the definition of a contract? What are the requirements of a contract? Explain the difference between

  1. What is the function of a contract?
  2. What is the definition of a contract?
  3. What are the requirements of a contract?
  4. Explain the difference between an express or implied contract?

  1. What does contractual capacity mean?
  2. What does disaffirmance mean?
  3. What are the exceptions to the minor's right to disaffirm?
  4. What is ratification?

  1. What does contractual capacity mean?
  2. What does disaffirmance mean?
  3. What are the exceptions to the minor's right to disaffirm?
  4. What is ratification?

  1. What is an assignment?
  2. What is the difference between an intended beneficiary and an incidental beneficiary? Why is this difference important?

Why is it important that a contract is signed by someone who is actually authorized to do so?

  1. What are the basic elements that should be included in all contracts?
  2. Are spoken words binding?

1. What do you need to look for in a contract before you sign it?

2. When should you NOT sign a contract?

3. what is the third key ingredient in a contract?

1. What is a force majeure clause in a contract?

2. Why do you think it's a good idea to include a force majeure clause in a contract?

1. What is an agency relationship?

2. What is a fiduciary relationship?

3. What is the difference between and employee and an independent contractor?

4. Name five (5) factors that determine employee status?

5. How are agency relationships formed?

1. Explain the doctrine of vicarious liability.

2. Explain the doctrine of respondeat superior.

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