Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

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.
We do not share your email address with others. It is only used to allow you to reset your password. For details read 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.

Remove ads
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

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

Bus Law Chapter 9

Promise assertion that something will or will not happen in the future
contract agreement that can be enforced in court; formed by two or more competent parties who agree to perform an act now or in the future
objective theory of contracts theory under which the intent to form a contract will be judged by outward, objective facts as interpreted by a reasonable person
bilateral contract type of contract that arises when a promise is given in exchange for a return promise
unilateral contract contract that results when an offer can be accepted only by the offeree's performance
formal contract contract that by law requires a specific form for its validity
informal contract contract that does not require a specified form or formality to be valid
express contract contract in which the terms of the agreement are stated in words
implied contract contract formed in whole or in par from the conduct of the parties
executed contract contract that has been completely performed by both parties
executory contract contract that has not yet been fully performed
revocation the withdrawal of an offer by the offeror
mirror image rule common law rule that requires that the terms of the offers acceptance adhere exactly to the terms of the offeror's offer for a valid contract to be formed
contractual capacity threshold mental capacity required by the law for a party who enters into a contract to be bound by that contract
Created by: jennafarnsworth