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What must an insane or drunk person establish to escape liability under a contract? Explain what care businesspeople must exercise when entering into contracts with
- What must an insane or drunk person establish to escape liability under a contract?
- Explain what care businesspeople must exercise when entering into contracts with government corporations or bodies.
- Explain four other situations where businesspeople must be careful that those they deal with have the capacity to contract.
- Explain the difference between a contract that is performed illegally and an illegal contract.
- What decisions can a court make if performance of a contract violates a regulatory statute?
- What are the two reasons that can cause contracts to be illegal?
- How has the law regarding the judicial treatment of illegal contracts changed?
- Give five examples of contracts deemed by the courts to be against public policy, and describe the effect of such a designation.
- All contracts that restrain trade are illegal. True or false? Explain your answer.
- Describe the test the court will use in determining whether the parties had an intention to be bound when they made an agreement.
- With respect to the element of intention, explain how the courts treatment of domestic agreements differs from their treatment of commercial transactions.
- How will a court determine if there was contractual intention when there is a dispute between a brother and sister over how to operate their business?
- What is the significance of a written document in contractual relations?
- Explain why some people have suggested that theStatute of Fraudshas led to more frauds than it has prevented.
- Give examples of the types of contracts currently included under theStatute of Frauds.
- What evidence in writing is required to satisfy the requirements of theStatute of Frauds?
- A contract that does not satisfy theStatute of Fraudsis void. True or false? Explain your answer.
- Will a contract formed online with electronic signatures be enforced by the courts? Why or why not?
- Under what circumstances will a contract falling under the jurisdiction of theStatute of Fraudsbe enforceable even though it is not evidenced by writing?
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