Term
|
Definition
- Judge/Court made law
- Case opinions
- Stare Decisis |
|
|
Term
|
Definition
|
|
Term
|
Definition
- Summary of CL divided into areas
- Not a statute
- Not binding |
|
|
Term
|
Definition
| Highly influential setting out principles of contract law |
|
|
Term
| Uniform Commercial Code (UCC) |
|
Definition
- Model statute covers sales of goods
- ALI |
|
|
Term
| Legal definition of contract |
|
Definition
Promise/promises, for breach that law provides a remedy/performance as a duty.
Exchange relationship:
Between two/more parties
At least one promise
Recognized as enforceable by law
Not all must be in writing |
|
|
Term
| Define specific performance |
|
Definition
|
|
Term
| Define expectation damages |
|
Definition
|
|
Term
|
Definition
Damages to compensate the injured party for the breach
*Awards money to place plaintiff in the same position as if the contract had been performed
*The difference between the substitute transaction and contract price and any out of pocket costs |
|
|
Term
|
Definition
| Discussing an related issue not related to the rule of the case |
|
|
Term
|
Definition
|
|
Term
|
Definition
| Roman Civil Code the root of civil law |
|
|
Term
|
Definition
| The Holding, the reason of the decision |
|
|
Term
|
Definition
| Said in passing,persuasive force but not law |
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
- Not a statute, not binding on state
- A secondary authority
- Highly influential text that sets out principles of contracts law |
|
|
Term
|
Definition
|
|
Term
|
Definition
- Not binding
- Can influence, persuade court |
|
|
Term
|
Definition
- Principles of International Commercial Contracts
- Updated 2004
- Compilation of transnational laws
- Not binding |
|
|
Term
|
Definition
- UN Convention on Contracts for the International Sale of Goods
- Treaty |
|
|
Term
|
Definition
- (2-106(1))
- that of title to Goods passes from B to S for $ |
|
|
Term
|
Definition
- (2-105(1))
All things movable |
|
|
Term
|
Definition
- (2-104(1))
- One who regularly deals in goods |
|
|
Term
|
Definition
- Meeting of the Mind
- Assent Assent |
|
|
