Scribd Logo
Upload

Welcome to Scribd!

  • Contracts Mindmap

    Uploaded by

    Brissa Flores
    11 views1 page
    This document outlines the key concepts related to the formation, interpretation, defenses, and remedies of contracts. It discusses the differences between common law and UCC approaches and maps out the various elements of a contract including offer and acceptance, consideration, conditions, interpretation of terms, available defenses such as duress or statute of frauds, and methods of termination. Breach of contract and available remedies are also mentioned.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines the key concepts related to the formation, interpretation, defenses, and remedies of contracts. It discusses the differences between common law and UCC approaches and maps out the various elements of a contract including offer and acceptance, consideration, conditions, interpretation of terms, available defenses such as duress or statute of frauds, and methods of termination. Breach of contract and available remedies are also mentioned.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    11 views1 page

    Contracts Mindmap

    Uploaded by

    Brissa Flores
    This document outlines the key concepts related to the formation, interpretation, defenses, and remedies of contracts. It discusses the differences between common law and UCC approaches and maps out the various elements of a contract including offer and acceptance, consideration, conditions, interpretation of terms, available defenses such as duress or statute of frauds, and methods of termination. Breach of contract and available remedies are also mentioned.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Contracts

    Formation Defenses
    Interpretation & Terms Remedies
    Performance & Breach

    Application of law: Common law vs. UCC


    Infancy Doctrine Statute of Frauds
    Unconscionability Duress

    1) Whose Mental Incapacity Misrepresentation &


    UCC Common law UCC (sale of goods
    Meaning Parol Evidence Rule Implied Terms Good Faith Nondisclosure
    Common Law /sale of land)
    Controls & 2) what was that party's meaning?
    Cognitive vs.
    Volitional Test

    Mutual Assent- Offer & Acceptance; certainty (clarity) Defenses Based on


    Changed Circumstances

    Bilateral Contracts Unilateral Contracts


    Force Majeure Clause
    Rest. 201 Interpretive Maxims Intrinsic Evidence Extrinsic Evidence

    Consideration (bargained-for exchange) OR Promissory Estoppel


    Impossibility Impracticability Frustration

    Methods of Termination (Excludes Option Contracts)

    Rejection or Death or Incapacity of


    Lapse of Time Revocation by Offeror or Offeree
    Coutneroffer the Offeror

    Wrinkly Wrinkles

    Conditional Gifts
    Illusory Promises
    Recited Consideration

    Past Consideration
    Moral Consideration Nominal
    Consideration

    You might also like