Chapter 11
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| This is an equity doctrine that permits a court to order enforcement of a contract that lacks consideration. | show 🗑
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| show | Consideration
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| show | 1) Something of legal value 2) There must be a bargained for exchange
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| show | Legal Value
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| The commercial setting in which business contracts are formed leads to this conclusion. An exchange regarding consideration. | show 🗑
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| These are unenforceable because they lack consideration. | show 🗑
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| show | Illegal consideration
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| show | Illusory Promises or Illusory Contracts
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| show | Moral Consideration
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| show | Preexisting Duty
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| This is not consideration because this is based on a promise for an action already completed. | show 🗑
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| When a contract is under dispute a settlement agreement called this can be enforced. | show 🗑
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| When an accord is performed it is called this. | show 🗑
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| A type of settlement with an accord an satisfaction is called what? | show 🗑
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| This is used to provide a remedy to a person who has relied on another person's promise when that person withdraws his or her promise and is not subject to a breach of contract action because one of the two elements contract requirements is lacking. | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
rogue2281