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Definition
| Right of a party to use land owned by another |
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| Contract that explicitly states the agreement of the parties |
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| one party can act on behalf of another |
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| When two parties agree to break a contract with a third party taking one party's place |
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| The requirement that a testator be of sound mind and legal age |
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| A document, separate from a will, in which a person can make changes to the will |
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| A situation in which all parties to a contract agree to a significant change to a contract |
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| sold by weight or measure |
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| Cannot back out of a promise to another party if that party has fulfilled their end of a bargain |
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| Contract made without seal |
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Definition
| Contract that explicitly states the agreement of the parties, orally or in writing |
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Definition
| Person who receives title to a property |
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Term
| 2 reasons to terminate a contract |
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Definition
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| 6 elements of an enforceable contract |
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Definition
1) offer and acceptance
2) mutual agreement
3) consideration
4) competent parties
5) legality of purpose
6) proper form |
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Definition
| Contract under which one party con contract for another |
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Definition
| Allowing courts to use their discretion |
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Definition
| A contract that is unenforceable from the beginning (lacks one of the requirements of a valid contract) |
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Definition
| Where one party agrees NOT to do something |
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Definition
| Where both parties agree to do something for each other |
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Definition
| damages in excess of those caused |
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| Contract that can be rejected by one of the parties for a legally acceptable reason |
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| Informal contract made without seal |
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Definition
| Damages awarded with the intent to punish |
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Definition
| Proceeding against by legal means |
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| Right of a party in a legal proceeding to request the information held by the other property |
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Definition
| testimony of a witness taken outside of court |
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| unilateral act of a holder who gives up rights |
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| Person who appoints another to a contract |
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| principle where someone is barred |
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Definition
| Binding agreement based on general agreement |
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| sum of money required to make legal amends |
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Term
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Definition
| Corporation contract that exceeds corporate authority |
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Definition
| Liable for the dept of another |
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Term
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Definition
| Money left to someone in a will |
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Term
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Definition
| Check older than six months, void |
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Term
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Definition
| An action to recover possession of specific goods wrongfully taken or detained by another |
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Term
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Definition
| The requirement that a testator be of sound mind and legal age |
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Definition
| Document where a a person tells a proxy to forgo certain circumstances |
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Definition
| Violation against a person |
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Definition
| Violation against a state |
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| Transaction you can set aside |
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Definition
| Covenant where a grantee won't do specified acts |
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| person responsible for the records of a court |
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Definition
| Person in possession of a commercial paper |
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Definition
| To indicate an intent not to live up to a contract |
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Definition
| Relationship based on trust or reliance |
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Definition
| Contract drawn by one party that has to be take it or leave it (no negotiation) |
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Term
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Definition
| Promise to give up something of value that one has a legal right to, or to do something that the party is otherwise not required to do |
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| court responsible for accepting and supervising the operation of a will |
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Definition
| Person responsible for overseeing the execution of a will |
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Term
| Articles of Incorporation |
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Definition
| document that lists the general powers of a corporation |
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Definition
| a gift of personal property by a will |
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| Business owned and operated by one person |
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| Damages beyond those necessary to compensate the injured party |
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Definition
| A gift of personal property by will |
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Definition
| agree to be responsible for another's debt |
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Term
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Definition
| unconditional written promise to pay |
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Term
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Definition
| signing the back of a check |
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Definition
| Executive officer of a federal court |
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| Covenant in a deed where the grantee is kept from certain acts |
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Definition
| criminal act punishable by prison or death |
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| Court with jurisdiction over individual estates |
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Term
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| contract based on trust or confidence |
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| A law passed by a local government |
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Definition
| Profits given to shareholders |
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Definition
| Where a person binds himself to another, already bound, as for his debt, default, or miscarriage |
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| A court order prohibiting a certain act |
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| Pre-trial phase where each party can obtain evidence from the opposing party |
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Definition
| one who signs a promissory note |
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Definition
| requests for further information from one party to another before a trial |
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| any jurisdiction which has the power to fine and imprison |
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| A contract consisting of several parts so that breaching one part does not void the whole contract |
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| put in place by the director of a corporation |
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