As a general rule, statutes that require proof of character and skill and impose a penalty for violation are considered revenue-raising statutes. False. Mike orally hires Vonda to defame a local politician.
If the contract calls for the parties to perform their duties at the same time, each party's duty to perform is conditioned on the other party's performance. These conditions are called conditions subsequent.
It forces the seller to give the buyer timely notice of his inability to fill an order. Under both the Uniform Commercial Code (UCC) and the common law, the acceptance cannot materially vary from the offer: in the sale of real estate, services, and in sale of goods when forms are not exchanged.
His employment contract includes a clause which says he cannot work as a construction worker within the city for fifteen years once he leaves the company. This clause is: illegal as a contract in restraint of trade.
True. An unenforceable contract is one that meets the basic legal requirements for a contract but will not be enforced due to some other legal rule. False.
Beth offered to sell Carlos her boat for $8,000 on April 1. Carlos said he would think about it. On April 6, Will offered to buy Beth's boat for $8,500, and Beth sold him the boat. On April 7, Carlos called Beth and said that he accepted her offer to buy the boat.
If an offer does not state a time for acceptance, it is valid: for a reasonable time, which depends on the circumstances of the offer. In determining contractual intent, courts rely on what the parties say they actually, or subjectively, intended. False.