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WEEK 3 Contracts - Coggle Diagram
WEEK 3
Contracts
Step 1. Common Law or UCC
Transaction in goods?
Mixed services and goods
Merchant?
Third Parties
Beneficiaries
Assignment
Delegation
Step 3. Interpretation
Parol Evidence
Warranties
Step 5. Remedies
Monetary damages
Restitution
Liquidated
Reliance
Expectation
Equitable
Restitution
unjust enrichment
Specific performance
negative injunctive relief
Step 2. Formation
Offer/Acceptance/Consideration
Offeror
Offeree
Counteroffer
Rejection
Battle of the Forms
Promissory Estoppel
Reliance
Enforcement
Promise
Statute of Frauds
Promise to pay
within a year
$500 or more
Promise in consideration
real estate
Types
Bilateral
Unilateral
Step 4. Performance
Conditions
concurrent
subsequent
precedent