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Binder GSU Exam 2 - BUSA 21O6 With Solutions 100% Complete $16.99   Add to cart

Exam (elaborations)

Binder GSU Exam 2 - BUSA 21O6 With Solutions 100% Complete

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  • Course
  • BUSA 2106
  • Institution
  • BUSA 2106

Binder GSU Exam 2 - BUSA 21O6 With Solutions 100% Complete Promissory estoppel (detrimental reliance) when you promised, I relied on that promised, and thus I got harmed (acted before promise was made) void neither side can enforce (illegal) voidable one side can choose to enforce it minor...

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  • October 13, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUSA 2106
  • BUSA 2106
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UpperClass
Binder GSU Exam 2 - BUSA 21O6 With
Solutions 100% Complete

Promissory estoppel (detrimental reliance) when you promised, I relied on that promised,

and thus I got harmed

(acted before promise was made)




void neither side can enforce (illegal)




voidable one side can choose to enforce it




minor person under 18


IS VOIDABLE




intoxication person under the influence


intoxicated person is VOIDABLE at his option once sober




insanity can be void or voidable depending on if the court rules that you lack capacity

, Binder GSU Exam 2 - BUSA 21O6 With
Solutions 100% Complete
undue influence defense to transactions imposed on weak/vulnerable people




duress forced




usury max interest rates allowable for a transaction




The 5 steps for a Breach of Expressed Contract 1. existence of valid contract


2. breach (broke)

3. plaintiff notified defendant of breach

4. plaintiff performed all conditions precedent to filing action (did its part)

5. damages




implied contract contract with understood terms




in fact - conduct (defendant's conduct made it seem like...)




in law - unjust enrichment (quasi contract)

, Binder GSU Exam 2 - BUSA 21O6 With
Solutions 100% Complete

unconscionable contract (contract of adhesion) one-sided consumer contract where there's

no ability for negotiation




What are the 6 Boilerplate Clauses? 1. Default and Acceleration


2. Choice of Law

3. Forum Selection

4. Attorney's Fee

5. Severability/Savings

6. Modification/Merger




default and acceleration you failed to pay, so you are now in default and your entire

payment is due now




choice of law where law is enforced (location)




forum selection venue


Hint: you want the place of litigation to be where you are

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