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PLST 226 Quiz 3 Mutual Assent of the Parties Drafting a Contract Misstatement of a minor fact is sufficient to prove fraud. Many mistakes can be prevented by carefully checking contracts for ________ . A contract may be considered terminable at the will of either party if it does not state its duration. Unless the…
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PLST 226 Quiz 2 Formation of a Contract Consideration and Drafting a Contract Courts often use a predetermined set of rules to decide if consideration is adequate to form a contract. Is an offer that contains the language “Your acceptance must be sent by first-class mail and will not be effective until I actually receive…
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PLST 226 Quiz 1 Introduction to Contract Law Most courts refuse to enforce clickwrap agreements against consumers because their terms are nonnegotiable. Once both parties to a written contract have signed it, it becomes a contract implied in fact. Once both parties to a written contract have signed it, it becomes a contract implied in…