Today is a good day to learn some contracts. 1/13/2006class 32 Class 3, January 13, 2006 Today Normile v. Miller Practice Essay Q. 1 Next week: Tue:Pp.

Slides:

Advertisements

Similar presentations

Chapter 5: Mutual Assent

Advertisements

Offer and Acceptance.  Offer and Acceptance- Both sides agree on mutual terms  Genuine Assent- Entering under your own free will (Not being forced)

Business Law Chapter 2: Offers. Introduction to Offers How definite must an offer be? What does the law require for a valid offer?

Law I Chapter 18.

Vocabulary Indictment- Determines if there is enough evidence for a defendant to go to trial Arraignment- Defendant is officially informed of charges and.

Actg 6100 Legal Issues Chapter 3 Courts and Alternative Dispute Resolution.

Contract Presentation.. Offer and Acceptance Questions: 1.What are the requirements of an offer? 2.How are acceptances Created? 3.What are the elements.

CHAPTERCHAPTER McGraw-Hill/Irwin©2008 The McGraw-Hill Companies, All Rights Reserved Offer ONEONE.

PROMISSORY LIABILITY CREATING LIABILITY FOR PROMISE Mutual Assent Reliance Benefit Conferred + Promise Offer Acceptance Consideration Promissory Estoppel.

American Contract Law in a Comparative Perspective Professor Nathan M. Crystal University of South Carolina School of Law.

Texas Real Estate Contracts 4 th Edition © 2015 OnCourse Learning.

LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.

Chapter 7 Contracts: Classification, Agreement, and Consideration

CONTRACT Law Offer & Acceptance Genuineness of Assent Consideration

Chapter 6: Contract Law Law in Society

© OnCourse Learning Chapter 7 : Contract Law. © OnCourse Learning A legally enforceable agreement to do (or not to do) a particular thing.

Contracts. A contract… is any agreement enforceable by law.

Organizing Your Legal Analysis

Chapter 6 Contracts: Nature, Classification, Agreement and Consideration.

Business Law Chapter 1: An Introduction to Contracts.

Chapter 7 – Offer and Acceptance

ACTG 6100 Week Three: Ethics, Contracts. Law and Ethics In some cases, law sets the moral minimum Sometimes, the law does not address the ethical problems.

Ag Business. A social agreement between 2 or more parties which sometimes may not be legal A legally binding agreement that is enforceable by law. Definition:

Chapter 7.  An agreement that courts will enforce.  What do you think are some examples of contracts?  What do you think are some examples of agreements.

Forming Contractual Relationships

Types or Kinds of Contracts

Contracts BCS-LEB-4 The student identifies rights and responsibilities of contract negotiations. BCS-LEB-8 The student explains the legal rules that apply.

Class 02/05/04 Announcements: n The Standard of Review assignment –Federalism –Using a case on point n If you find new standard of review cases indicate.

How to read legal case reports (How to write case briefs)

Creating an Enforceable Contract OBE 118, Section 10 Fall 2004.

Mutual Assent- Offer and Acceptance

Prepared by Douglas Peterson, University of Alberta 7-1 Part 3 – The Law of Contract Chapter 7 An Introduction to the Legal Relationship.

CONTRACT LAW. Promissory agreement between two or more persons that creates, modifies, or destroys a legal relation. Legally enforceable promise to do.

© 2008 West Legal Studies in Business A Division of Thomson Learning 1 BUSINESS LAW TODAY Essentials 8 th Ed. Roger LeRoy Miller - Institute for University.

© 2010 by Cengage Learning Chapter 7 ________________ Contract Law.

What are the elements of a contract? There are 6 major requirements that must be satisfied before courts will treat a transaction as a legally enforceable.

25-1 Chapter 10 Agreement. Introduction  Contracts are voluntary agreements between the parties  One party makes an offer that is accepted by the other.

Types of Jurisdiction. Original Jurisdiction a court’s authority to hear and decide a matter before any other court can review the matter a court’s authority.

Chapter 5 How Contracts Arise. Contract: Any agreement enforceable at law.

CHAPTER 5 Contracts. Contract- is any agreement enforceable by law Offer- is a proposal by one party to another intended to create a legally binding agreement.

Offer and Acceptance Chapter 6 – Contract Law. Contract – an agreement between two or more parties that creates obligation.

Week 5 Chapter 7. Attendence WHO DARES TO MISS MY WONDERFUL SPEECH?!? Q of the day, What's your favorite Holiday?

 Valid ◦ Legally good  Void ◦ No legal force  Voidable ◦ Not void, but may be voided by one party  Unenforceable ◦ Some rule of law can not be enforced.

2/3/2006Class 121 Class 12, Friday, Feb. 3 Announcements Tuesday Thursday Friday240-54, including Problem 3-4 Today’s agenda Pop’s Cones v.

Chapter 6 Offer and Acceptance (6.1 Creation of Offers; 6.2 Termination of Offers, 6.3 Acceptances) Unit 2 Contract Law.

9 - 1 Contracts Contracts Introduction Contracts are the basis of many daily activities. They provide the means for individuals and businesses.

1/17/2006Class 41 This is a good week to learn some contracts.

 I can explain and identify all five elements of a valid contract.

2/7/2006Class 131 Class 13, Tuesday, Feb. 7 Announcements Thursday Friday240-54, incl. Problem 3-4 Today’s agenda Incomplete bargaining Walker v.

Click to edit Master title style Chapter 4 Contract Law and the Hospitality Business Many slides Copyright © 2008 by Delmar Learning Hotel, Restaurant,

Chapter 9 Contracts. Definition of a Contract Definition A contract is an agreement that is enforceable by a court of law. A contract is a promise or.

3/2/2006Class 231 Class 23, Thursday, March 2 Announcements FridayEssay Midterm. 80 minutes. One fact pattern; one question. Today’s agenda Taylor v. State.

3/9/2006Class 261 Class 26, Thursday, March 9, 2006 Announcements Friday455-78, including Problem 6-1 Today’s agenda Q & A, Problem 5-1 Implied obligations.

2/14/2006Class 161 Class 16, Tuesday, Feb. 14 Announcements Thursday Friday Today’s agenda Problem 3-4 Problem Set 3 Hill v. Gateway 2000.

3/ Class 301 Class 30, Friday, March 17 Post-spring break assignments Tuesdaydiscuss Essay Midterm; discuss Spring Break 2006 Practice Multiple Choice.

2/2/2006Class 111 Class 11, Thursday, Feb. 2 Announcements Friday, please read pp , including problems 3-1 and 3-2 Today’s agenda Q & A on Problem.

Law and Justice Consumer Law / Contracts Promissory Estoppel, Leonard v. Pepsico - Botz (2012)

Offer and Acceptance Chapter 6.

Contracts Business Law.

Commission Structures and Essential Elements of Contracts

Chapter 5 Contracts Instructor: Erlan Bakiev, Ph. D.

CONTRACT 1872 Applies to whole of India except J & K.

Jeopardy T/F 1 T/F 2 FIB 1 FIB 2 Random Q $100 Q $100 Q $100 Q $100

Civil Trial Procedures

Chapter 7 Part II Exam review

Chapter 6 Offer and Acceptance

Chapter 10 Agreement.

Lesson 7-1 (Creation of a contract offer)

Lesson 7-3 (How are contract offer accepted)

Presentation transcript:

Today is a good day to learn some contracts

1/13/2006class 32 Class 3, January 13, 2006 Today Normile v. Miller Practice Essay Q. 1 Next week: Tue:Pp ; Problem Set 1 Thur:40-59 Fri:64-73; Problem Set 2

Izadi v. Machado (Gus) Ford Florida District Court of Appeal 550 So.2d 1135 (1989)

1/13/2006class 34 narrow exception

1/13/2006class 35 General rule re: advertisements

1/13/2006class 36 Policy behind it

1/13/2006class 37 Problems with it

1/13/2006class 38 How to address problem?

Normile v. Miller Supreme Court of North Carolina 313 N.C. 98, 326 S.E.2d 11 (1985)

1/13/2006class 310 Who is suing whom?

1/13/2006class 311 For what kind of damages?

1/13/2006class 312 Legal basis for the claim(s)?

1/13/2006class 313 Factual basis for the claim(s)?

1/13/2006class 314 Arguments/defenses?

1/13/2006class 315 What happened at trial?

1/13/2006class 316 What happened on appeal?

1/13/2006class 317 Second appeal?

1/13/2006class 318 Legal issue before this court? How does the North Carolina Supreme Court present the issue?

1/13/2006class 319 Rephrase the issue What are N & K really asserting were the errors committed by the trial court and appellate court?

1/13/2006class 320 What is an option?

1/13/2006class 321 Was there an option?

1/13/2006class 322 N & K’s Offer “OFFER & CLOSING DATE: Time is of the essence, therefore this offer must be accepted on or before 5:00pm Aug. 5, 1980.” What is the legal effect of this language? Does this create an option exercisable by Hazel Miller?

1/13/2006class 323 How did Hazel Miller respond to offer?

1/13/2006class 324 What legal effect did her signed changes have?

1/13/2006class 325 What rule can we generalize about acceptances?

1/13/2006class 326 What is a counteroffer? What does a counteroffer do?

1/13/2006class 327 How did N & K respond to Hazel Miller’s counteroffer? Did they accept in a timely fashion?

1/13/2006class 328 What effect did their realtor’s 2pm conversation have, “You snooze, you lose, the property has been sold.”

1/13/2006class 329 What are the two requirements for an indirect revocation?

1/13/2006class 330 Authorities?

1/13/2006class 331 What does it mean to sign something under seal?

1/13/2006class 332 Practice Essay Question 1

1/13/2006class 333 Syllogism Major premiseAll men are mortal Minor premiseSocrates is a man ConclusionTherefore, Socrates is mortal.

1/13/2006class 334 Syllogism = basic IRAC

1/13/2006class 335 Basic overlying structure for many K hypos What is the issue? Major premiseIn order for there to be an enforceable contract, assuming no defenses apply, there must be mutual assent and consideration. Minor premisesThere was mutual assent There was consideration No defenses apply ConclusionTherefore, there is an enforceable contract between the parties

1/13/2006class 336 You can have nested syllogisms

1/13/2006class 337 Mutual assent Major premiseMutual assent can be shown if there was a valid offer and acceptance Minor premiseThere was a valid offer There was a valid acceptance ConclusionTherefore, there mutual assent is demonstrated.

1/13/2006class 338 Etc.