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Bar Exam Formation of Contracts Flashcards

Master 30 formation of contracts concepts for the Bar Exam.

The Offer

11 cards

Question

What are the ways an offer can be terminated?


Question

What evidence is required to demonstrate manifestation of intent to be bound to a contract?


Acceptance

8 cards

Question

When is a contract considered bilateral regarding acceptance methods?


Question

When is a contract considered unilateral regarding acceptance methods?


Question

What two elements are required for consideration?


Question

When is a contract enforceable despite concerns about the adequacy of consideration?


Question

What consideration is required for a common law contract modification to be enforceable?


Question

What standard governs contract modifications under the UCC?


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