BU231 Lecture Notes - Lecture 11: Corn Starch, Estoppel
Document Summary
Bu231 contract: chapters 6 & 7 you buy something you are contracting. But contracts are apart of life, without them you would die because anytime. Applies only to those who make contracts (cid:523)if you don(cid:495)t make contracts this doesn(cid:495)t apply to you(cid:524) Breach of contract cause of action used if the person doesn(cid:495)t do what they. )f there(cid:495)s nothing in it for me/you then its not a contract (e. g. will you paint. There is nothing in it for the painter no contract vs. will you paint my house for both parties get something out of contract) Elements of the breach of contract cause of action: if one term is not done right, you can sue for breach of contract. If you create a 40 page contract nobody is going to take the job because it looks scary and that you might be a problem.
