2. Choose a category. You will be given the answer. You must give the correct question. Click to begin.

3. Click here for Final Jeopardy

4. Chapters 7-9 Chapters 7-9 Chapters 7-9 10 Points 20 Points 30 Points 40 Points 50 Points 10 Points 20 Points 30 Points 40 Points 50 Points 30 Points 40 Points 50 Points Chapters 7-9 Chapters 7-9

5. Agreement that is legally enforceable in court

6. What is a contract?

7. The party to whom the offer is made

8. What is the offeree?

9. Response by offeree, with new terms

10. What is a counteroffer?

11. Affirmative response necessary to transform an offer into a contract

12. What is acceptance?

13. Offeree clearly rejects an offer, the offer is said to be

14. What is terminated?

15. Proposal to do something

16. What is an offer?

17. Insanity or this invalidates the offer

18. What is death?

19. The type of mistake that gives both parties the right to rescind

20. What is a bilateral mistake?

21. Agreement not clouded by fraud, duress, etc…

22. What is genuine assent?

23. Statement of a material fact which is false, but the speaker thought was true

24. What is a unilateral mistake?

25. Use of an improper act or threat to obtain an expression of agreement

26. What is duress?

27. Deliberate false representation or concealment of a material fact

28. What is fraudulent misrepresentation?

29. Specifies a time limit for bringing a lawsuit

30. What is statute of limitations?

31. The transfer of ownership without receiving anything in return

32. What is a gift?

33. The person who gives the gift

34. Who are donors?

35. To not do something

36. What is forebearance?

37. If a contact required the payment of $10 for a property worth $100,000 the $10 would be…

38. What is a nominal consideration?

39. If a contract contains a clause that allows you to escape legal obligation

40. What is an illusory promise?

41. When a debt is fulfilled it is said to be

42. What is liquidated?

43. I will buy everything that you produce

44. What is an output contract?

45. I will make everything that you need

46. What is a requirements contract?

47. Contract that is so grossly inadequate that it shocks the court

48. What is unconscionable?

49. Promising to due something that you are already obligated to do by law

50. What is existing public duty?

51. To Pay to leave an offer open

52. What is an option contract?

53. When someone intends a gift but consideration is not present

54. What is promissory estoppel?