Last Minute Help - BUSL250 (1 Viewer)

[yenta]

I've written out answers to all the chapter objectives, but so far there's a couple that I'm not sure on:

- Identify those simple contracts which must be in writing, evidenced in writing or can be oral (in Introduction to Contracts): it doesn't say anything in the textbook about contracts which can be oral?
- Identify when consideration is present (in Step 3: Consideration)

Can anyone help me out?

 

[boinkBOINK]

what chapter is this from?

 

[Orange Juice]

maybe i took the wrong path with studying busl... anyone else doing an all nighter?

can someone explain what these terms mean plz!?
indeminity
actual, implied, ostensible authority
estoppel & promissory estoppel

 

[yenta]

what chapter is this from?

First one is from Chapter 9, second is from Chapter 12

 

[ReaveR]

maybe i took the wrong path with studying busl... anyone else doing an all nighter?

can someone explain what these terms mean plz!?
indeminity
actual, implied, ostensible authority
estoppel & promissory estoppel

Estoppel means stop. The doctrine of promissory estoppel I think is used to enforce a promise that doesn't have sufficient consideration.

Indemnity I think means invincible or something
Here I looked it up

"in·dem·ni·ty (*n-dĕm'n*-tē) pronunciation
n., pl. -ties.

1. Security against damage, loss, or injury.
2. A legal exemption from liability for damages.
3. Compensation for damage, loss, or injury suffered"

Dunno about that otensible auth..where'd you get it from?

 

[choco]

ostensible means apparent so if it looks like that there is authority...

 

[yenta]

Help with my two questions, anyone?

 

[redruM]

yeh all nighter for me

 

[Orange Juice]

yenta: sorry i havnt got a clue which is why im watching the oc

 

[ReaveR]

I think its anything can be oral but some certain ones must be in writing, but I can't find anything about it.

And consideration is present when there is something of value that passes between the parties in exchange for a promise; the value is insignificant to the courts but it must be sufficient. In a bilateral contract the consideration for each promise is the other promise.

 

[*hopeful*]

all nighter here as well

how r ppl learning cases ? is there like a couple of very important ones we can just learn rather than the 100,000 in the textbook

 

[ReaveR]

Hey hey there's 2 q's on contracts, 1 which is split into parts, and what was the last one? Partnerships or agency?

 

[Orange Juice]

partnerships... you sure 1 contracts is split?

 

[ReaveR]

Nono, 4 questions in total, 2 on contracts, 1 on partnerships (thanks!) and 1 taken from objectives from each chapter; split into 5 parts.

 

[*hopeful*]

wat bout agency ?

 

[ReaveR]

I don't remember...
I studied agency in detail only to find that the last question is on partnerships lol

 

[*hopeful*]

uhhh im pretty sure ppl were sayin theres qstn on agency

 

[ReaveR]

Maybe its partnerships/agency combined.
Anyone?!

 

[boinkBOINK]

she said thered be a question on agency
i think it'd be in the first question u know the "5 questions"?
but perhaps it'd be inside one of the contract questions as well
imo

 

[redruM]

but perhaps it'd be inside one of the contract questions as well
imo

fuck!!! !