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12 Cards in this Set
- Front
- Back
- 3rd side (hint)
Legal Consideration |
- what a person receives for what they have done - what a person is to receive for what they agree to do |
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Types of Considerations |
1) Sufficient (has value) 2) Insufficient (past consideration, emotion, etc.) |
2 types |
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Past Consideration |
If a person is already under a legal obligation to perform an act, then additional consideration that was promised is NOT enforceable at law. |
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Lawful Subject Matter |
He who comes into court must come in with clean hands |
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Categories of Unlawful Subject Matter |
1) Commit a Crime 2) Commit a Civil Wrong 3) Contracts against Public Policy |
3 categories |
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Lord's Day Act (Sunday Legislation) |
contract is NOT enforceable if made on a Sunday for: 1) Sale of Land 2) New Car Sales |
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Contracts against Public Policy |
1) Immoral Content 2) Restraint of Marriage 3) Obstruction of the Civil Service 4) Obstruction of Justice 5) Restraint of Trade (profession) |
acronymin: "iROOR" |
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Immoral Content (Subject Matter) |
e.g. prostitutes collect in advance because they can't legally enforce their contract |
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Restraint of Marriage |
pay $ not to marry |
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Obstruction of Civil Service (Bribery) |
reward for choosing your business |
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Obstruction of Justice (Bribery) |
payment to reduce charges |
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Restraint of Trade |
clause in contract restraining someone to make a living |
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