Basic Contract Law for Paralegals
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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| show | a person, represented by an agent, who is party to a contract but has not revealed his or her identity to the other party.
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| show | parties have the right to revoke any time before gavel comes down.
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| Counteroffer | show 🗑
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| Firm offer | show 🗑
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| Ironclad offer | show 🗑
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| show | rule stating that the acceptance of a bilateral contract is effective when properly dispatched by an authorized means of communication; formulated to help determine the moment of creation of a contract.
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| show | to be valid, the acceptance must correspond exactly to the terms of the offer.
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| show | the manner in which one event has a legal effect on a second, unconnected event.
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| show | a contract to keep an offer open for a specified time that is secured by consideration.
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| Rejection | show 🗑
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| show | a contract in which the performer, rather than the promisor, makes the offer.
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| show | to recall an offer.
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| Supervening illegality | show 🗑
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Created by:
dawnbryant
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