Define the term “offer” and identify the ingredients of an offer. Discuss fully. The Restatement of Contracts 2nd §24 defines an offer as “The […]
Detriments Suffered in the Past Cannot be Consideration for Present Promises
Detriments suffered in the past cannot be consideration for present promises under contract law because the detriment (consideration) suffered by a party to the […]
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1 Min
Restitution 3
Last Christmas, Aunt Jane gave her niece Sylvia $1,000 as a gift. Aunt Jane had hoped that Sylvia would use this money to further […]
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5 Min
Mental Capacity 3
The Courts use two tests to determine whether a party has the required mental capacity to the enter into a valid and enforceable contract. […]
Read Time:
5 Min
Mental Incapacity – Drugs and Alcohol
Mental Incapacity – Drugs and Alcohol While society may be less sympathetic to those who are incapacitated due to alcohol or drug abuse, the […]
Read Time:
3 Min