Scribd
Upload
2K views

Contracts Flowchart

This document summarizes key aspects of contract law that may govern different types of agreements. It outlines the differences between common law and the Uniform Commercial Code (UCC) and how they apply to various contracts. Specifically, it discusses contract formation, types of contracts such as express, implied-in-fact and implied-in-law, and how mixed contracts for goods and services are governed depending on the predominant purpose or graveness of the transaction.

Uploaded by

ankurpatel96706
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2K views

Contracts Flowchart

This document summarizes key aspects of contract law that may govern different types of agreements. It outlines the differences between common law and the Uniform Commercial Code (UCC) and how they apply to various contracts. Specifically, it discusses contract formation, types of contracts such as express, implied-in-fact and implied-in-law, and how mixed contracts for goods and services are governed depending on the predominant purpose or graveness of the transaction.

Uploaded by

ankurpatel96706
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

What Law

Governs?

Common Law UCC

Mixed Contracts
Contract Formation Types of Contracts Sales of Goods (Sale of Goods &
Services)

Predominant
Offer Acceptance Consideration Bilateral Unilateral Express Implied in Fact Implied in Law In excess of $500 Gravemen
Purpose

Offer can be Looks at the


Can only be
Manifestation of intent particular Looks at the
accepted in any Promise for a accepted by Either written or Look at the Used to prevent
Objective Theory to be presently legally Ads are not offers Promise for an act Court imposes an transaction on transaction as a 4 Factors
reasonable Promise completion of oral surrounding unjust enrichment
bound(Offeror) obligation to pay which the whole
manner perfomance circumstances
on benefits complaint is based
conferred despite
the absence of a
promise

Whether a
reasonable person
in the position of
the offeree would Just solictation of Nature of the Respective amt
Silence Topic Language Reason for the K
believe that the an offer business charged for each
offeror had a
present intent to be
bound

You might also like