Contracts

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Contracts by Mind Map: Contracts

1. contract formation

1.1. Types

1.1.1. Unilateral Contracts

1.1.2. Bilateral contract

1.1.3. Voidable Contracts

1.1.4. Requirements Contracts

1.1.5. Public Offer

1.2. Offer

1.2.1. Elements

1.2.1.1. Outward manifestation

1.2.1.2. signal that acceptance concludes the deal

1.2.2. Types of Offers

1.2.2.1. Auction

1.2.2.2. Reward Offer

1.2.2.2.1. Self limiting

1.2.2.2.2. Open Field

1.2.2.3. commercial ads

1.2.3. Termination

1.2.3.1. Lapse of Time

1.2.3.1.1. Terminates at time stated

1.2.3.2. Revocation

1.2.3.2.1. Elements

1.2.3.2.2. Option

1.2.3.2.3. Firm Offer

1.2.3.3. Rejection

1.2.3.3.1. outright

1.2.3.3.2. counteroffer

1.2.3.3.3. nonconforming acceptance

1.2.3.4. Death or Incapacity

1.3. Accceptance

1.3.1. mirror image rule

1.3.2. communicated to offeror

1.3.2.1. Silence

1.3.2.2. Performance

1.3.2.3. mailbox rule

1.3.3. UCC shipment of Goods

1.3.3.1. conforming

1.3.3.2. nonconforming

1.3.4. Battle of the Forms

1.3.4.1. nonconforming acceptance is effective unless conditional

1.3.4.2. varying terms are proposals for addition if one party is not a merchant

1.3.4.3. both parties are merchants

1.3.4.4. other situations

1.4. Consideration

1.4.1. gratuitous promise

1.4.1.1. executed gift

1.4.1.2. distinguished from bargain

1.4.2. Common Law

1.4.3. Alternatives to consideration

1.4.3.1. promise for benefit received

1.4.3.2. Promissory estoppel

2. Statute of Frauds

2.1. Common Law

2.1.1. Within SoF

2.1.1.1. MYLEGS

2.1.2. Requirements

2.1.2.1. Writing Requirement

2.1.2.2. Signature requirement

2.1.2.3. Part performance

2.1.3. Alternative Enforcement

2.1.3.1. Recovery for Benefits conferred

2.1.3.2. Promissory Estoppel

2.2. UCC SoF

2.2.1. Signed Writing

2.2.2. Merchant's Confirmation

2.2.3. In-Court admission

2.2.4. Partial Performance

2.2.5. Substantial Reliance by the Seller of specially mfg goods

2.2.6. Alternative Enforcement

2.2.6.1. Promissory Estoppel

3. Interpretation

3.1. Gap Fillers

3.2. Good Faith

3.3. Ambiguity

3.3.1. objective over sujective

3.3.2. contra proferentem

3.3.3. reasonable expectation

3.4. Trade Usage, Course of Dealing, Course of Performance

3.5. Parole Evidence Rule

3.5.1. Integrated

3.5.2. Exceptions

3.5.3. Not Applicable to

4. Performance

4.1. Seller's Obligation

4.1.1. Non-Carrier Casses

4.1.2. Carrier Casses

4.2. Buyer's Obligation

4.3. Risk of Loss Upon Breach

4.4. Excused

4.4.1. mistake

4.4.2. impossibility

4.4.3. impractibility

4.4.4. frustration of purpose

4.4.5. parties agree to excuse performance

4.5. Modification

4.5.1. Common Law

4.5.1.1. New Consideration Required

4.5.1.2. Statute of Frauds

4.5.1.3. Exceptions

4.5.2. UCC

4.5.2.1. Good Faith Required

4.5.2.2. Consideration alone not sufficient

5. Conditions

5.1. types

5.1.1. pure

5.1.2. express

5.1.3. implied

5.1.4. promissory

5.2. Failure of Condition

5.2.1. Common Law

5.2.1.1. Express Condition

5.2.1.2. Implied Condition

5.2.1.3. Work Arounds

5.2.2. UCC Sale of Goods

5.2.2.1. buyer

5.2.2.1.1. reject

5.2.2.1.2. accept

5.2.2.1.3. reject part and accept part

5.2.2.2. seller

5.3. Divisible

6. Defenses

6.1. Incapacity

6.1.1. infancy

6.1.2. mental incompettence

6.1.2.1. adjudication

6.1.2.2. no adjudication

6.2. misrepresentation

6.2.1. fraudulent

6.2.2. non fraudulent

6.2.3. frauduent non disclosure

6.3. duress

6.4. undue influence

6.5. unconscionabilty

6.6. public policy

7. Damages

7.1. Monetary

7.1.1. expectation

7.1.1.1. default rule

7.1.1.2. limitations

7.1.2. reliance

7.1.3. restituiton

7.2. equitable rememdies

7.2.1. specific performance

7.2.2. negative injunctions

7.3. Agreed-to Remedies

7.3.1. Liquidated Damages

7.3.2. Provisions limiting or excluding damages

7.4. Anticipatory Repudiation

7.5. Remedies to Other Claims

7.5.1. Promissory estoppel

7.5.2. Restitution and Unjust Enrichment

7.6. UCC Sale of Goods Remedies

7.6.1. Seller's Remedies

7.6.2. Buyer's Remedies

8. Third Party Beneficiaries

8.1. Who can sue?

8.2. when does the right to sue vest?

8.3. does the promisor have defenses?

9. Assignment of Rights and Delegation of Duties

9.1. Assignment

9.1.1. Rights Not Assignable

9.2. Rights of Assignee

9.3. Delegation

9.3.1. Not Delegable