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business law ch9

カード 35枚 作成者: Jared Woodward (作成日: 2016/06/03)

  • contract

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公開範囲:

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  • 1

    contract

    補足(例文と訳など)

    答え

    • an agreement that is enforcable by a court of law or equity

    解説

  • 2

    offeror

    補足(例文と訳など)

    答え

    • the party who makes an offer to enter into a contract

    解説

  • 3

    offeree

    補足(例文と訳など)

    答え

    • the party to whom an offer to enter into a contract is made

    解説

  • 4

    four elements of a contract

    補足(例文と訳など)

    答え

    • agreement, consideration, cotractural capacity, lawful object

    解説

  • 5

    consideration

    補足(例文と訳など)

    答え

    • something of legal value given in exchange for a promise

    解説

  • 6

    contractual capacity

    補足(例文と訳など)

    答え

    • the neccessary capacity of parties to enter into the contrract

    解説

  • 7

    lawful object

    補足(例文と訳など)

    答え

    • an element of a contract that is net where the object of a contract is not illegal

    解説

  • 8

    defenses to enforcement of a contract

    補足(例文と訳など)

    答え

    • genuineneness of assent and writing and form (failure for contract to be written or in proper form may be raised against the enforcement of the contract)

    解説

  • 9

    bilateral contract

    補足(例文と訳など)

    答え

    • a promise for a promise

    解説

  • 10

    unilateral contract

    補足(例文と訳など)

    答え

    • a contract in which the offeror's offer can be accpeted only by the performance of an act by the offeree, a promise for an act

    解説

  • 11

    formal contracts

    補足(例文と訳など)

    答え

    • contracts that require a special form or method of creation

    解説

  • 12

    informal contract

    補足(例文と訳など)

    答え

    • a contract that is not formal. Valid informal contracts are fully enforcable and may be sued upon if breached. most common form of contracts

    解説

  • 13

    valid contract

    補足(例文と訳など)

    答え

    • fullfills all the elemenets of a contract and is enforceable by at least one of the parties

    解説

  • 14

    void contract

    補足(例文と訳など)

    答え

    • a contract that has no legal effect

    解説

  • 15

    voidable contract

    補足(例文と訳など)

    答え

    • a contract in which one or both parties have the option to void their contractual obligations

    解説

  • 16

    uneforceable contract

    補足(例文と訳など)

    答え

    • a contract in which the essentail elements to create a valid contract are met but there is some legal defense to the enforcement of the contract

    解説

  • 17

    executory contract

    補足(例文と訳など)

    答え

    • a contract that has not been fully performed by either or both sides

    解説

  • 18

    executed contract

    補足(例文と訳など)

    答え

    • a contract that has been fully performed on both sides, a completed contract

    解説

  • 19

    express contract

    補足(例文と訳など)

    答え

    • an agreement that is expressed expressed in written or oral words

    解説

  • 20

    implied in fact contract

    補足(例文と訳など)

    答え

    • a contract in which agreement between the parties has been inferred from their conduct

    解説

  • 21

    implied inlaw contract

    補足(例文と訳など)

    答え

    • allows a court to award monetary damages to a plaintiff for proividing work or services to a defendant even though no actual contract exisited between the two parties

    解説

  • 22

    3 elements of offer to be effective

    補足(例文と訳など)

    答え

    • the offeror must objectivily intend to be bound by the offer, the terms of the offer must be definite or reasonably certain, the offer must be communicated to the offeree

    解説

  • 23

    objective theory of contracts

    補足(例文と訳など)

    答え

    • a theory stating that the intent to contract is judged by the reasonable person statndard and not by the subjective intent of the parties

    解説

  • 24

    auction with reserve

    補足(例文と訳など)

    答え

    • seller retains the right to refuse that highest bid and withdraw the goods from sale

    解説

  • 25

    aution without reserve

    補足(例文と訳など)

    答え

    • an auction in which the seller expressly gives up his right to withdraw the goods from sale and must accept the highest bid

    解説

  • 26

    revocation

    補足(例文と訳など)

    答え

    • withdrawl of an offer by the offeror that terminated the offer

    解説

  • 27

    rejection

    補足(例文と訳など)

    答え

    • express words or conduct by the offeree to reject the offer, rejection terminates the offer

    解説

  • 28

    counteroffer

    補足(例文と訳など)

    答え

    • a response by the offeree that contains terms and conditions different from or in addition to those of the offer. terminates the previous offer

    解説

  • 29

    unequivocal

    補足(例文と訳など)

    答え

    • acceptance of an offer that is clear, unambiguous, an has one possible meaning

    解説

  • 30

    mirror image rule

    補足(例文と訳など)

    答え

    • offeree must accept the terms of an offer without modification

    解説

  • 31

    illegal consideration

    補足(例文と訳など)

    答え

    • a promise to refrain from doing an illegal act. such a promise does not support a contract

    解説

  • 32

    illusory promise

    補足(例文と訳など)

    答え

    • a contract into which both parties enter but in which one or both of the parties can choose not to perform their contractural obligations

    解説

  • 33

    preexisitng duty

    補足(例文と訳など)

    答え

    • something a person is already under an obligation to do

    解説

  • 34

    past consideration

    補足(例文と訳など)

    答え

    • a prior act of performance. past consideration do not support a new contract. new consideration must be given

    解説

  • 35

    infancy docterine

    補足(例文と訳など)

    答え

    • allows minors to cancel most contracts they have entered into with adults

    解説

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