Business Law

Table of Contents

Course Guide Course Assignment Guide Topic 1 xi - xxi xxv – xxix 1 2 4 4 5 7 7 11 11 13 16 17 18 18 20 21 24 24 26 27 29 30 33 33 34 35 36 41 45 45 45 Law of Contract (Proposal and Acceptance) 1.1 Definition of Contract and Elements of a Valid Contract 1.2 Proposal or Offer 1.2.1 To Whom Can the Proposal be Made? 1.2.2 The Difference between a Proposal and an Invitation to Treat 1.2.3 Proposal must be Clear and Communicated 1.2.4 Revocation of Proposal 1.3 Acceptance 1.3.1 Acceptance must be Absolute and Unqualified 1.3.2 Acceptance must be Communicated 1.3.3 Revocation of Acceptance Summary Key Terms References Law of Contract (Consideration) 2.1 Executory, Executed and Past Consideration 2.2 Exceptions to the Rule of Consideration 2.2.1 Agreement Made on Account of Natural Love and Affection 2.2.2 Agreement to Compensate a Past Voluntary Act 2.2.3 Agreement to Pay a Statute-Barred Debt 2.3 Must Consideration Move From the Promisee? 2.4 Adequacy of Consideration Summary Key Terms References Law of Contract (Intention to Create Legal Relations) 3.1 Domestic, Family and Social Agreements 3.2 Business or Commercial Agreements Summary Key Terms References

Topic 2

Topic 3

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TABLE OF CONTENTS

Topic 4

Law of Contract (Capacity to Contract) 4.1 Minors 4.1.1 Valid Contracts (Exceptions to Minors) 4.2 Person of Sound Mind Summary Key Terms References Law of Contract (Free Consent to Contract) 5.1 Coercion 5.1.1 Effect of Coercion 5.2 Undue Influence 5.2.1 Real or Apparent Authority 5.2.2 A Fiduciary Relation 5.2.3 Mental Capacity is Temporarily or Permanently Affected by Reason of Age, Illness, or Mental; or Bodily Distress 5.2.4 Burden of Proof 5.2.5 Effect of Undue Influence 5.3 Fraud 5.3.1 Effect of Fraud 5.4 Misrepresentation 5.4.1 Effect of Misrepresentation 5.5 Mistakes 5.5.1 Mistake of Fact 5.5.2 Mistake of Law 5.5.3 Mistake as To Document 5.5.4 Effect of Mistake Summary Key Terms References Law of Contract (Void and...