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KayLauchland1LegalEnglishWeek12ContractKayLauchland2HOMEWORKweek11-reviewClassifications:bilateralunilateralexecutedexecutoryexpressimpliedinfactimpliedinlawKayLauchland3REVIEWTrueorFalse?Ameetingofmindsoccurswhenanofferisaccepted.amentalincompetentlackslegalcapacitybecausehecannotfullyunderstandthelegalconsequencesofacontractVoidablecontractsarevoidcontractsGive4examplesofcontractswhicharevoidorvoidableWhatarethe4essentialelementsofacontract?KayLauchland4REVIEWDoesAmericahaveauniformlegalsystem?Trueorfalse:aplaintiffmayjoinasmanypeopleashelikesasdefendantsinoneaction.Adefendantcannotaddanewparty.AsummonscannotbeservedonadefendantoutsidetheforumState.Discoveryhelpsincreasethechancesifsettlement.KayLauchland5Contractperformancesubstantialperformancesubstantialcompliancenon-conformingRelieved(relief)wrongfulpreventionofperformancewaiverimpossibility/commercialimpracticabilityfrustrationKayLauchland6ContractDischargeperformancewaiverreliefreleaseorrenunciation(torenounce)mutualrescission(torescind)novationKayLauchland7ContractBreachfailureorrefusaltoperformincompleteorimproperperformancedelaywheretimeis“oftheessence”anticipatoryrepudiationKayLauchland8ContractRemediesLegal:damages$$$$$$$$$nominalcompensatoryconsequentialpunitiveorexemplaryliquidatedamages(comparewithpenalty)KayLauchland9ContractRemediesequitablespecificperformancerescissionrestitutionKayLauchland10HOMEWORKReadthesecases(onpages189-191ofyourtextbook):BarnesvTreeceBenyavStevensandThompsonPaperCo.DickinsonvAutoCenterAnswerthequestionsattheendofeachcase.KayLauchland11511039151105105110563511039251105185110564511039751105545110568511039951105245110574511041941053225110583511042041060615110584511042151105855110423511058741030855110603410201551106094106065KayLauchland12ExtraassignmentWriteanswerstoeachofthesequestions,atleast½pageinlengthforeach-1.Explainwhatismeantbytheseparationofpowersandwhyitisimportantinalegalsystem.2.Discusswhenacontractmaybevoidorvoidable.3.Explainfour(4)methodsofcompulsorydisclosureordiscoveryprovidedbytherulesofcommonlawcourts.
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