Quasi contract - Study guides, Class notes & Summaries
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bul 4421Exam 2024 Questions and Answers 100% Answered!
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bul 4421Exam 2024 Questions anThe term "consideration" in relation to contracts involves parties acting in an ethical manner. - ANSWERSfalse 
 
The Restatement (Second) of the Law of Contracts is not actually the law itself. - ANSWERStrue 
 
Whether a contract is bilateral or unilateral depends upon what response the offeror expects from the offeree. - ANSWERStrue 
 
Today, courts hold that once an offeree begins performance on a unilateral contract, the offeror must hold the offer open for a ...
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BLAW 3430 UNT Exam 2 New Update Actual Test with complete solution
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Contract - A binding agreement that courts will enforce 
Requirements of a Contract - Mutual Assent, Consideration, Legality of Object, Capacity 
Express Contract - A contract, the terms of which are stated either orally or in writing 
Implied-in-Fact - A contract not created by the explicit agreement of the parties, but mutual 
assent is inferred by acts or circumstances 
Implied-at-law (quasi-contract) - No contract; Equitable remedy to prevent unjust enrichment 
Measure of recovery - not cont...
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Business Law Exam #2 (STUDY GUIDE) with complete solutions rated A+
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Business Law Exam #2 (STUDY GUIDE) with complete solutions rated A+Contract - correct answer Agreement that is enforceable by a court of law or equity 
 
Unilateral Contract - correct answer A contract in which the offeror's offer can be accepted only by the performance of an act by the offeree. (A promise for an act) 
 
Express Contract - correct answer An agreement that is expressed in written or oral words 
 
Quasi-Contract - correct answer An equitable doctrine whereby a court may award mon...
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MGMT 455 Final Exam| 114 Practice Test with answers| Updated 2024
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Definition of a Contract - ️️Total legal OBLIGATION which results from the parties' agreement. 
 
Requirements for a Valid Contract - ️️1)Agreement between Parties, 2)Agreement supported by Consideration, 3) Legal Capacity of the Parties, 4)Legal Purpose, 5) Agreement in the Proper form. 
 
3 Kinds of Contracts - ️️Express, Implied Quasi 
 
Express Contract - ️️Agreement of the Parties manifested by their words, whether spoken or written. 
 
Implied Contract - ️️When people ...
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LEGL 2700 Roessing Exam 4 Questions and Answers | 100% pass
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Administrative Agency - Answer ️️ An organization, usually a part of the executive branch of 
government, that is created to serve a specific purpose as authorized by the legislative branch 
Function is usually characterized as quasi-legislative or quasi-judicial 
Quasi-legislative - Answer ️️ Describes the rule-making functions of administrative agencies 
Quasi-judicial - Answer ️️ Administrative actions involving factual determinations and the 
discretionary application of rules an...
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Contract Law for Paralegals Exam Questions and Answers 100% Pass
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Contract Law for Paralegals Exam Questions and 
Answers 100% Pass 
What is a contract? -Answer-a contract is a legally enforceable agreement composed of 
a promise or promises that have been agreed on and that create both rights and duties 
for the parties to the agreement. Requires: 
- mutual assent, 
- consideration, aka "bargained-for exchange of promises", and 
- no defenses to formation. (#1, 8) 
. 
What law applies to: 
Services 
Land 
Goods -Answer-• common law (state case law) for se...
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bul 4421Exam 2024 Questions &Answers 100% Answered!!
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The term "consideration" in relation to contracts involves parties acting in an ethical manner. - ANSWERSfalse 
 
The Restatement (Second) of the Law of Contracts is not actually the law itself. - ANSWERStrue 
 
Whether a contract is bilateral or unilateral depends upon what response the offeror expects from the offeree. - ANSWERStrue 
 
Today, courts hold that once an offeree begins performance on a unilateral contract, the offeror must hold the offer open for a reasonable time to allow the o...
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bul 4421Exam 2024 Questions And Answers 100% Updated!
- Exam (elaborations) • 18 pages • 2024
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The term "consideration" in relation to contracts involves parties acting in an ethical manner. - ANSWERSfalse 
 
The Restatement (Second) of the Law of Contracts is not actually the law itself. - ANSWERStrue 
 
Whether a contract is bilateral or unilateral depends upon what response the offeror expects from the offeree. - ANSWERStrue 
 
Today, courts hold that once an offeree begins performance on a unilateral contract, the offeror must hold the offer open for a reasonable time to allow the o...
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BLAW 3391 Final Exam Questions With Verified Answers 100% Solved
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BLAW 3391 Final Exam Questions With Verified Answers 100% Solved 
Contract 
"a promise or set of promises for the breach of which the law gives a remedy or the performance of which the law is some way recognizes a duty." 
 
 
Covenant not to complete 
restrict what an employee may do after leaving a company, and they often dictate where, when, and with whom an employee may work 
 
 
Four elements needed for a contract: 
Agreement, the consideration, contractual capacity, and legal object 
 
 
...
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Perez BLW 302 Exam 3 Questions + Answers Graded A+
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Definiteness of terms - ️️a) Generally, an offer must express the following items: 
i) Identification of the parties. 
ii) Object or subject matter of the contract. 
iii) Consideration to be paid. 
iv) Time of payment, delivery, or performance 
Promisor - ️️Makes the promise 
Promisee - ️️A person to whom a promise is made. 
Bilateral - ️️Offeree must only promise to perform (A promise for a promise) 
Unilateral - ️️Offeree can accept the offer only by completing the contract...
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