BU231 Study Guide - Final Guide: Condition Subsequent, Sole Proprietorship, Contributory Negligence
Document Summary
Executor or administrator legal representative of the estate of a dead person. Indeminity a promise by a third party to be primarily liable to pay the debt. Miscarriage- an inquiry caused by the tort of another person. Part performance performance untaken in reliance on an oral contract relating to an interest in land and accepted by the courts as evidence of the contract in place of a written memorandum. Unenforcable contract- a contract that still exists for other purposes but neither party may obtain a remedy under it through court action. Acceptance any conduct by the buyer in relation to the goods that amounts to recognition of an existing contract of sale. Part payment something tendered by the buyer and accepted by the seller after formation of the contract to be deducted from the price. Earnest a token sum or article given to seal a bargain - now a rare practice.
