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10 Cards in this Set
- Front
- Back
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Statuete of frauds
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law will require more evidence that the parties had an agreement than the oral testimony of the party claiming that a contract existed
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Unenforceable
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not void or voidable
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Quasi-contract
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partial performance
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Promissory estoppel
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reasonable reliance
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Collateral
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property put up to secure the performance of a promise
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Guaranty
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undertaking by one person to be answerable for the payment of some debt
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Leading object doctrine
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the promises of those who are primarily motivated by a desire to secure some personal benefit fall outside the statute of frauds
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Memorandum
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does not necessarily include all terms, may also be multiple writings
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Principal objective
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all clauses are interpreted in light of the principal objective
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Parol evidence rule
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a party cannot vary the terms of a written contract by introducing evidence of terms allegedly agreed upon prior to or contemporaneous with the writing
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