LAW 204 Lecture Notes - Lecture 2: Employment Contract, Undue Influence, Expectation Damages
9 Mar 2021
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Common contracts: consider your day yesterday- what contracts did you enter, purchasing anything, downloading software, buying an app, apartment lease, employment contract, credit card contracts. Strangers : breach of contract- liability where performance does not match binding promises, or suing for the difference between what you expected and what you got. Breach of contract: elements of breach of contract action, property formed (enforceable, breach of contract, harm. Properly formed contract: offer + acceptance + exchange of consideration, proven objectively- not what parties actually think, exceptions -standard form contracts; instantaneous contracts. Offer: sets out all elements of contract on which offeror wishes to be bound, ex. I will buy your car from you for ,000. Friday : can be verbal, written but can never be implied. Acceptance: unequivocal of all terms of offer- can be written, oral or implied by conduct, ex.
