Unt blaw 3430 exam 3 - Study guides, Class notes & Summaries

UNT BLAW 3430 Exam 3 2023/2024 two principle types of contracts - ANSWER-1) business-to-business (commercial) 2)business-to-consumer (consumer) 2 bodies of law - ANSWER-CLCL (common law contract law) & UCC (Uniform Commercial Code) Personal Property - ANSWER-Any property other than an interest in land. common law - ANSWER-Body of law originating in England and derived from judicial decisions. As distinguished from statutory law created by the enactment of legislatures, the common ...

BLAW 3430 UNT Exam (Questions Answers) 1) Contract - A binding agreement that courts will enforce 2) Requirements of a Contract - Mutual Assent, Consideration, Legality of Object, Capacity 3) Express Contract - A contract, the terms of which are stated either orally or in writing 4) Implied-in-Fact - A contract not created by the explicit agreement of the parties, but mutual assent is inferred by acts or circumstances 5) Implied-at-law (quasi-contract) - No contract; Equitable remed...