Chapter 6 - Contracts

Que:- 1What is a necessary foundation for a capitalist, free market system?

Que: -2 define a voidable contract. Que: -3 what are the most common voidable contracts?

Que: -4 what are the elements of a valid offer?

Que: -5 When may an offer or revoke an offer?

Que: -6 define a unilateral contract. Que: -7 how are unilateral offers accepted? Que: -8 define a bilateral contract. Que: -9 why do the courts analyze consideration in a contract?

Que: -10 Will a court rescind a fully performed oral contract that is not in compliance with the Statute of Frauds?

Que: -11 what is consideration?

Que: -12 when do problems of unconscionability often arise?

Que: -13 legally enforceable contracts must exhibit capacity. What does that mean?

Que: -14 what is an unconscionable contract?

Que: -15 what are the 3 exceptions to the Parol Evidence Rule?

Que: -16 Define an executory contract.

Que: -17 Define the duress defense as it relates to the genuineness of assent requirement for legally enforceable contracts.

Que: -18 Define fraud.

Que: -19 Define promissory estoppels. Que: -20 which equitable remedy in contracts permits the court to re write a contract where it imperfectly expressed the parties' true intentions?

Que: -21 What is an injunction?

please provide short answers for each question individually