What law covers most contracts related to services

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Reference no: EM132286405

CONTRACTS – NATURE AND CLASSIFICATIONS

1. What law covers most contracts related to services, employment, and real estate?

2. What law covers contracts for the sale or lease of goods?

3. Identify the following:

• Promisor

• Promisee

• Objective theory of Contracts

4. Be familiar with the four essential requirements of a valid contract.

5. What are two essential requirements in order for a contract to be enforced?

6. Distinguish:

• Bilateral from unilateral contracts

• Formal from informal contracts

• Express from implied contracts

• Executed from executory contracts

7. Be able to identify a valid contract from a void contract and from a voidable contract.

8. What is an unenforceable contract?

9. Identify a quasi or implied in law contract and give an example.

10. Explain the plain meaning rule in interpreting a contract and describe other rules of interpretation of a contract that a court may use.

Reference no: EM132286405

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