Question: Define how the following affect enforceability of a contract: contract concepts: capacity, statute of frauds, legality, and parol evidence rule. What is a quasi-contract? What
Define how the following affect enforceability of a contract: contract concepts: capacity, statute of frauds, legality, and parol evidence rule. What is a "quasi-contract?" What is the difference between a covenant and a condition? Describe the differences between a material breach and a minor breach. What are the legal remedies for breach of contract? Explain the concepts of assignment and delegation in relationship to contract law. What is the effect of Article 2 of the U.C.C. on contract law?
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1 Capacity Parties must have the mental ability to understand the terms and consequences of a contract If a party lacks capacity eg minors mentally in... View full answer
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