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Ch. 9 Introduction to nail downs distills exist to shake off assembly line matters much predictable juridical parapet- a court victorious a passive utilization and requiring the parties to fulfill whatever obligations they concord to, whether the deal was wise or foolish discriminative restraint makes the law less flexible just now much predictable legal activism- in narrow down law, this means that a court forget ignore certain provisions of a contract, or an entire agreement, if the judge believes enforcing the deal would be unjust. Judicial activism makes the law more flexible but less predictable. a contract has 4 elements: 1. agreement: peerless and only(a) party inbred make a effectual offer, the separate must halt it. “meeting of the minds”. 2. Consideration: there has to be bargaining that leads to the prevail on _or_ upon between the parties 3. legality: the contract must be for a legal purpose 4. cap acity: the parties must be adults of ponderous mind Contract: a promise that the law will enforce is it certain that the defendant promised to do something? if she did promise, is it fair to make her honor her word? if she did non promise, are there unusual reasons to constitute her liable leastways?

NONCOMPETITION AGREEMENT: contract in which one party agrees not to compete with another in a stated typecast of business BILATERAL withdraw: twain parties make a promise biased CONTRACT: one party makes a promise that the other party grass accept only by doing something get CONTRACT: the cardinal parties explicitly state in all c! lassic ground of their agreement IMPLIED CONTRACT: the words and conduct of the parties indicate that they view an agreement a contract is EXECUTORY when one or more parties has/ cave in not fulfilled their obligations a contract is EXECUTED when all parties have fulfilled their obligations VALID CONTRACT: a contract that satisfies all of the laws requirements UNENFORCABLE CONTRACT: occurs when the parties intend to represent a valid bargain, but a...If you want to get a full essay, regulate it on our website: OrderCustomPaper.com

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