Interpretation Courts' aim to decide what the parties agreed upon. Words/actions Ambiguity Contract will not be enforced because
Contracts – Some Need to Be in Writing Pt. 2
Exception Sometimes a contract that normally needs to be in writing does not have to be if certain conditions are met. Part Performance
Contracts – Some Need to Be in Writing
Written Contracts When a contract needs to be in writing, it needs to (Common, not UCC): Identify parties involved. State main
Contracts – Duress
Duress Wrongful or improper threat. "Contract" signed under duress is not a contract. ex. Threatened at gunpoint. ex. Will prosecute you
Misrepresentation
Fraudulent Misrepresentation An intentional misrepresentation of facts can make a contract VOIDABLE. Lies = Voidable Ex. Mark knew the
Contracts – Offer/Acceptance Pt. 3
Acceptance Parties who can accept a contract: Person to whom the offer is made That person must be aware of the offer when she