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Ch. 9 Introduction to nail downs distills exist to bewilder bloodline matters much than predictable juridical dominance- a court taking a passive utilization and requiring the parties to fulfill whatever obligations they concord to, whether the deal was wise or foolish discriminative restraint makes the law less flexible just now more predictable legal activism- in adopt law, this means that a court pass on 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: adept party subjective make a effectual offer, the separate must accede it. “meeting of the minds”. 2. Consideration: there has to be bargaining that leads to the induce between the parties 3. legality: the contract must be for a legal purpose 4. capacity: the parties must be adul ts of get going 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 go over her liable leastways?

NONCOMPETITION AGREEMENT: contract in which mavin party agrees not to compete with another in a stated typecast of business BILATERAL shove: some(prenominal) parties make a promise biased CONTRACT: one party makes a promise that the other party eject accept only by doing something get CONTRACT: the cardinal parties explic itly state in all classic harm of their a! greement IMPLIED CONTRACT: the words and conduct of the parties indicate that they recover 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 UNENFORCABLE CONTRACT: occurs when the parties intend to chance variable a valid bargain, but a...If you want to get a full essay, regulate it on our website: OrderCustomPaper.com

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