Contract Law Cases

These flashcards cover important court cases related to contract law, emphasizing principles such as liability, offers, acceptance, and fraud.

Klein v. Pyrodyne

Established strict liability for abnormally dangerous activities; Pyrodyne liable even when using reasonable care.

Palumbo v. Nikirk

Liability for dog bites requires proof of the dog's prior vicious propensities and that the owner knew or should have known.

Steinberg v. Chicago Medical School

A paying application fee creates a contract; breach occurs when a school uses hidden nonacademic criteria for evaluation.

Lefkowitz v. Great Minneapolis Surplus Store

An advertisement that is clear and explicit constitutes an offer; acceptance occurs when the offeree performs as specified.

Sherrod v. Kidd

Offers remain open only for a reasonable time; an arbitration result ends the offer.

Osprey v. Kelly-Moore

The term 'may' in a notice context is permissive; fax can serve as valid notice.

Maroun v. Wyreless

Fraud requires a false statement of existing fact; predictions or future promises do not constitute fraud.

Reed v. King

Sellers must disclose material facts that affect the value of property and are not discoverable by the buyer.

Denney v. Reppert

The preexisting duty rule states that certain individuals, like bank employees, cannot claim rewards for duties they are already obligated to perform.