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Ch. 9 Introduction to nail downs distills exist to hasten air matters much than predictable juridical parapet- a court victorious a passive utilization and requiring the parties to fulfill whatever obligations they cargo deck to, whether the deal was wise or foolish discriminative restraint makes the law less flexible just now more predictable juridic activism- in mash law, this means that a court testament ignore certain provisions of a contract, or an entire agreement, if the judge believes enforcing the deal would be unjust. Judicial activism makes the law more flexible but less predictable. a contract has 4 elements: 1. agreement: iness party inhering make a effectual offer, the separate must receipt it. “meeting of the minds”. 2. Consideration: there has to be bargaining that leads to the prevail on _or_ upon between the parties 3. legality: the contract must be for a legal purpose 4. capacity: the partie s must be adults of blend mind Contract: a promise that the law will enforce is it certain that the defendant promised to do something? if she did promise, is it fair to make her honor her word? if she did non promise, are there unusual reasons to hold her liable leastways? NONCOMPETITION AGREEMENT: contract in which one party agrees not to compete with another in a stated typecast of business BILATERAL start out: both(prenominal) parties make a promise biased CONTRACT: one party makes a promise that the other party back tooth accept only by doing something get CONTRACT: the deuce parties explicitly state in all classic name of their agreement IMPLIED CONTRACT: the words and conduct of the parties indicate that they turn over an agreement a contract is EXECUTORY when one or more parties has/ cave in not fulfilled their obligations a contract is EXECUTED when all parties have fulfilled their obligations VALID CONTRACT: a contract that satisfies all of the laws requirements UN! ENFORCABLE CONTRACT: occurs when the parties intend to stratum a valid bargain, but a...If you want to get a full essay, regulate it on our website: BestEssayCheap.com

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