Chapter 8

Cards (6)

  • Something that has value in the eyes of the law, and its what the promisor get in return for a promise
    Consideration
  • "I will do this, if you do that"?
    Consideration
  • What is a promise not accompanied by consideration?
    Gratuitous promise
  • What is a formal mode of expressing the intention to be bound bu a written promise or agreement?
    Seal
  • "As much as he has earned." A quasi-contractual remedy that permits a person to recover a reasonable price for services and/or materials requested.
    Quantum merit
  • A rule whereby a person may not evade a promise or deny the truth of a statement of fact made by him or her another person has relied and acted upon the promise or statement
    Estoppel