All terms in this list:
contract: an agreement enforceable by law
offer: a proposal from one party to another party
acceptance: willingness of second party to go along with first party's offer
genuine agreement: true, honest, and valid acceptance from second party
express contract: contract that is oral or written
implied contract: contract that comes from the actions of the parties
bilateral contract: contract that contains two parties
unilateral contract: a contract that has a promise from only one person
invitation to negotiate: invitations to deal, trade, or make an offer
mirror image rule: the terms stated in the acceptance must exactly match the terms of the offer
counteroffer: a response to an offer in which the terms of the original offer are changed
revocation: taking back an offer by the offeror
rejection: a refusal of an offer by the offeree that brings the offer to an end
capacity: legal ability to enter a contract (age and state of mind)
minor: a person who has not yet reached the age of adulthood
majority: the age of 18
emancipated: one who is no longer under the legal control of their parents
dissaffirm: means to show the intent not to live up to the contract
ratification: the act of agreeing to go along with the contract that could have been avoided
contributory: not tortfeasor fault whole heartily victim did something to contribute to injury
comparative: both did defendant and plaintiff did a percentage of the damage (if the victim contributed to 50% or more of injury then they do not get the remedy)
assumption of risk: victim knew the outcome of what they were doing and did it anyways and ended with them getting injured
elements of tort: 1) possession of certain rights by an innocent part 2) violation of those rights by the tortfeasor 3) a resulting injury that somehow hurts the person whose rights were violated.
element of negligence: 1. defendant owes plaintiff duty of care 2. defendant breached duty of care (was carless) 3. defendant's carelessness is plaintiffs main reason of harm 4. plaintiff is hurt by defendants carelessness
public policy: legal principle that holds that nobody should be allowed to do something that harms the public
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