Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Contracts

Contract Definitions

QuestionAnswer
OFFER IS THE OUTWARD MANIFESTATION OF PRESENT CONTRACTUAL INTENT WITH CERTAIN AND DEFINITE TERMS COMMUNICATE TO ANOTHER GIVEN POWER OF ACCEPTANCE.
ACCEPTANCE IS AN UNEQUIVOCAL ASSENT TO THE TERMS OF THE OFFER.
CONSIDERATION WHICH IS BARGAINED FORGIVE AND EXCHANGE FOR A RETURN PROMISE REQUIRING BENEFIT OR DETRIMENT
INDIRECT REVOCATION KNOWLEDGE BY AN OFFEREE FROM A RELIABLE SOURCE THAT THE OFFEROR CANNOT PERFORM REQUIRES ACTS INCONSISTENT WITH THE CONTRACTS.
COUNTER OFFER WORDS OR CONDUCT WHICH A REASONABLE PERSON WOULD UNDERSTAND AS A REJECTION OF AN OFFER.
REVOCATION AN OFFEROR MAY EXPRESSLY REVOKE AN OFFER AS LONG AS IT IS COMMUNICATED TO THE OFFEREE PRIOR TO A TIMELY ACCEPTANCE IT IS EFFECTIVE UPON REQUEST.
What does the UCC govern Sale of Goods
What does Common law govern Services.
How to keep a contract open? OPTION. give at least a dollar to keep offer open
Unilateral Contract you can accept only by PERFORMING the act.
Unilateral Acceptance acceptance can be done in ANY reasonably Matter, Unless specified otherwise.
Mailbox Rule Acceptance is valid upon dispatch (if properly stamped and addressed)
Revocation is made by _____ Offeror
Rejection is made by ______ Offeree
UCC 2-207 Between MERCHANTS, additonal terms that are addied will be part of the agreement UNLESS 1)object in 10 days 2)material alter/arbitration the agreement 3)You must agree to all terms
UCC 2-207 if one is merchant and the other is not a merchant what happens to the terms they are MERE proposals to be accepted or rejected
if terms are inconsistant what happens KNOCKOUT RULE
Created by: pinkkat4
Popular Law sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards