Legl 2700 matt roessing - Study guides, Class notes & Summaries

LEGL 2700 Matt Roessing Chapter 8 and 9 Notes for Exam 2 Questions and Answers (100% Pass)

LEGL 2700 Matt Roessing Chapter 8 and 9 Exam Test Questions And Revised Correct Answers Contract - ANSWER : legally enforced promise or an exchange of promises Contract law - ANSWER : enables private agreements to be legally enforceable Uniform Commercial Code - ANSWER : creates special rules applicable to the sale of goos Bilateral contract - ANSWER : involves a promise for promise exchange Unilateral contract - ANSWER : exists when a promise is made in exchange for performan...

LEGL 2700 Matt Roessing Chapter 8 and 9 Notes for Exam 2 Questions And Answers Leyden case firms desiring at will relationships are careful to avoid listing conditions or rules in a manner that suggest continued employment will follow quasi contracts (implied in law) not true contracts, but rather a judicial remedy to prevent one party from receiving unjust enrichment ex- john has paid taxes on land, thinking he owns the land, but mary actually in fact owns the land and has john evic...

LEGL 2700 Matt Roessing Chapter 8 and 9 Notes for Exam 2

contract - Correct ️️ legally enforced promise or an exchange of promises contract law - Correct ️️ enables private agreements to be legally enforceable Uniform Commercial Code - Correct ️️ creates special rules applicable to the sale of goos bilateral contract - Correct ️️ involves a promise for promise exchange unilateral contract - Correct ️️ exists when a promise is made in exchange for performance express contracts - Correct ️️ arise from interactions in which p...

LEGL 2700 Matt Roessing Chapter 8 and 9 Notes for Exam 2 Questions and Answers contract - Correct ️️ legally enforced promise or an exchange of promises contract law - Correct ️️ enables private agreements to be legally enforceable Uniform Commercial Code - Correct ️️ creates special rules applicable to the sale of goos bilateral contract - Correct ️️ involves a promise for promise exchange unilateral contract - Correct ️️ exists when a promise is made in exchange for p...

LEGL2700 Matt Roessing Set Questions & Correct Answers Property - ANSWER : the legal right to exclude others from resources that are originally possessed or are acquired without force, theft, or fraud Private property - ANSWER : a system of law under which the state recognizes and enforces an individual's rights to acquire, possess, use, and transfer scarce resources Capital formation - ANSWER : quality of resources that produces new or different resources Mortgage - ANSWER : le...