Exam 9: Nature of Traditional and E-Contracts

How are unjust enrichment and unjust detriment prevented, in the context of contracts?

Explain the basic requirements that must be met for a contract to be enforceable.

An offeror uses blackmail to make an offeree sign a contract that involves the sale of the offeree's house. The contract is ________.

The ________ states that the intent to contract is judged by the reasonable person standard and not by the subjective intent of the parties.

A unilateral contract can be accepted without the performance of an act by the offeree.

Explain the doctrine of equity with reference to contracts.

Which of the following is true of the Restatement of the Law of Contracts?

A contract that has been fully performed on both sides is called an ________ contract.

A quasi contract is an equitable doctrine whereby a court may award monetary damages to a plaintiff for providing work or services to a defendant even though no actual contract existed.

Kyle goes to a used-car showroom to buy a sedan. He signs an agreement with the store that bears the name of the car, price, and other details. This is an example of a(n) ________ contract.

In a recognizance, a party acknowledges in court that he or she will pay a specified sum of money if a certain event occurs.

Compare valid, void, voidable, and unenforceable contracts.

The UCITA (Uniform Computer Information Transactions Act) establishes uniform legal rules for the formation and enforcement of electronic contracts and licenses.

To create an implied-in-fact contract, it must be established that a plaintiff provided a property or services gratuitously.

Traditional contract rules do not apply to e-contracts.

Two brothers Sam and Jim were fighting over the division of their ancestral property. After ten years of legal battle, a frustrated Sam contacted a powerful politician who subjected Jim to extreme duress to make him sign a contract of assent in favor of Sam. When Jim takes this contract to court, the contract will be declared ________.

Yvonne finds a carpenter to do some repairs for her house and tells him that if he finishes the job within Saturday, she would pay him $1,000. This offer creates a(n) ________ contract.

Which of the following is true of the Uniform Computer Information Transactions Act?

An act of performance is necessary to create a bilateral contract.

Explain the purpose of the Uniform Computer Information Transactions Act. In your answer, discuss why uniformity of contract law is particularly important in the information age.