Elements of Contract Law

1) What are the four elements of a contract?
Discuss each.
2. What is the difference between bilateral and unilateral contracts?
Discuss each.
3) When must a contract be in writing? Can a contract for over a year be oral, if not why, and if so what would be required?
4) What is legal capacity? How can it be used as a defense to a contract?

? Identify the elements of valid common law and UCC contracts.
? Summarize the legal defenses to contract formation and enforcement.
? Compare and contrast the applications of legal and equitable remedies

 

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