100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
JD Next Exam Prep questions n answers graded A+ $11.49   Add to cart

Exam (elaborations)

JD Next Exam Prep questions n answers graded A+

 9 views  0 purchase
  • Course
  • JD Next
  • Institution
  • JD Next

JD Next Exam Prep questions n answers graded A+

Preview 2 out of 5  pages

  • August 13, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • JD Next
  • JD Next
avatar-seller
BukayoSaka120
JD Next Exam Prep

Hamer v. Sidway - Key Concept - correct answer ✔✔Consideration in contract law; Forbearance as
sufficient consideration.



Lucy v. Zehmer - Key Concept - correct answer ✔✔Objective Theory of Contracts; Contract enforceability
based on outward expressions.



Hawkins v. McGee - Key Concept - correct answer ✔✔Breach of Warranty; Concept of expectation
damages in medical cases.



Batsakis v. Demotsis - Key Concept - correct answer ✔✔Adequacy of consideration; Legal enforceability
despite disproportionate consideration.



Kirksey v. Kirksey - Key Concept - correct answer ✔✔Distinction between legally binding promises and
gratuitous promises; Role of consideration.



Raffles v. Wichelhaus - Key Concept - correct answer ✔✔Ambiguity in contract terms; Importance of
consensus ad idem.



Wood v. Lucy, Lady Duff-Gordon - Key Concept - correct answer ✔✔Implied terms in contracts; Duty to
perform for business efficacy.



Illusory Promise - Definition - correct answer ✔✔A promise that lacks commitment and does not create
a legal obligation due to the lack of mutuality.



Lefkowitz v. Great Minneapolis Surplus Store, Inc. - correct answer ✔✔Advertisements as unilateral
offers; Conditions for forming contracts via advertisements



Ever-Tite Roofing Corp. v. Green - correct answer ✔✔Acceptance of an offer by commencing
performance; Determining a reasonable time for acceptance of a contract

, Unilateral Contract - correct answer ✔✔A contract in which only one party makes a promise or
undertakes a performance, often in response to an act by another party.



Consideration - correct answer ✔✔An essential element of a contract, involving something of value
exchanged between the contracting parties.



Mutuality of Obligation - correct answer ✔✔A principle that both parties in a contract must be bound to
perform their obligations for the contract to be enforceable.



Breach of Contract - correct answer ✔✔Occurs when one party fails to perform their duties as specified
in the contract, leading to legal liability.



Contractual Liability in Medical Cases - correct answer ✔✔Concerns promises or warranties made by
medical professionals and the legal implications of their breach.



FIRAC - Hamer v. Sidway - correct answer ✔✔Facts: Uncle promises nephew $5,000 if he refrains from
drinking, smoking, etc., until 21.

Issue: Is forbearance adequate consideration for a contract?

Rule: Consideration can be an act or forbearance.

Application: Nephew's forbearance was a valid consideration.

Conclusion: Uncle's promise was enforceable.



FIRAC - Lucy v. Zehmer - correct answer ✔✔Facts: Zehmer appears to sell a farm to Lucy in jest.

Issue: Does Zehmer's jest constitute a binding contract?

Rule: Objective Theory of Contracts.

Application: Contract valid based on outward expression, regardless of internal jest.

Conclusion: Enforceable contract.



FIRAC - Hawkins v. McGee - correct answer ✔✔Facts: Surgeon promises 100% perfect hand in surgery.

Issue: Is the surgeon's promise a warranty?

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BukayoSaka120. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart