BUS 210 Exam 3

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33 Terms

1
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Abusive Litigation

Legal actions initiated without a reasonable basis in law or fact

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Comparative Negligence

damages appointed based on percentage of fault

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Contract

a legally enforceable agreement

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Duress

a threat if one does not agree to a contract

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Equal Knowledge

an defense to a premises liability claim that says the plaintiff was provided with equal knowledge of the hazard 

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Express Terms

The terms laid out within a contract such as the parties, the subject matter, and the consideration.

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False Imprisonment

when a shopper is detained without authority or reason

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Shopkeeper’s Privilege

Protects Shopkeepers from False Imprisonment Liability - requires reasonable grounds, reasonable manner, and reasonable time.

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Implied In Law Contract

aka Quasi Contract… goal is to prevent undue enrichment 

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Inferior Performance

when a party fails to perform their contractual obligations and essentially destroys the essence and grounds of the agreement. 

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Integration

the combination of several writings/disccussions to form a contract in order to comply with the Statute of Frauds.

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Lawful Object

says the purpose or subject matter of a contract must be legal and not against public policy

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Malicious Prosecution

a second lawsuit when the original defendant sues the original plaintiff

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Merger Clause

Says the all relevant agreements and understandings of the parties are included within this document to prevent parol evidence from coming in. 

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Mutual Assent

a meeting of the minds to perform current or future contractual duties 

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Parol Evidence Rule

says the parol evidence (evidence of discussions or understandings outside of a contract) cannot be used to change a contract

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Promissory Estoppel

about fairness not the law - says oral contracts can be enforced under these conditions:

  1. there is a promise

  2. that one could reasonably inferred would be relied upon

  3. reliance occurs

  4. and the promise is not enforced and injustice occurs.

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Proximate Cause

determines whether a damage was a foreseeable cause of the defendant's actions - helps determine negligence 

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Reform

permits the court to rewrite a contract according to the parties true intentions 

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Rescind

to put the parties back in the position they started in 

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Revoke

to take an offer back before it is agree to 

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Superior Knowledge

when a party knows about a material fact or danger that is not known by the other party and would not be reasonably obvious to them

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Superseding/Intervening Cause 

an event that the defendant is not responsible for therefore the defendant should not be held liable for damages caused by the superseding event 

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False Imprisonment Elements

  • Intentional detention

  • without authority

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ELements of Fraud

  • false representation 

  • of a material fact

  • with the intent to deceive 

  • and the knowledge that someone would rely on that fact 

  • resulting in injustice 

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Negligence Elements

  • Duty 

  • Breach 

  • Injury 

  • Actual Cause 

  • Proximate Cause

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Defenses to a premises liability claim

  • equal knowledge 

  • obvious and open hazard 

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Elements of an Enforceable Contract

  • Agreement  

  • Consideration 

  • Capacity

  • Lawful Object

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Requirements for an Offer

  • mutual assent 

  • voluntary acceptance  

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Ways to Terminate an Offer

  • Revoke it 

  • Give a Counter Offer

  • Reject it 

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Elements of Promissory Estoppel

  • a promise 

  • reasonable knowledge that someone would rely on said promise 

  • reliance

  • promise not enforce and injustice occurs

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Exceptions to the Statute of Frauds

  • promissory estoppel

  • partial performance

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Levels of a Breach of Contract

  • Complete 

  • Substansial 

  • Inferior