Bar Exam Formation of Contracts Flashcards
Master 30 formation of contracts concepts for the Bar Exam.
The Offer
11 cardsQuestion
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 cardsQuestion
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?
Contract Modification
4 cardsQuestion
What consideration is required for a common law contract modification to be enforceable?
Question
What standard governs contract modifications under the UCC?
Also study
Ready to study Bar Exam?
Spaced repetition helps you remember more with less effort. Start with a free account — no credit card required.