Chapter 9
Contracts: Agreement and Consideration 
1. Define and describe the requirements of an agreement.
2. Explain the ways an offer can be terminated.
3. Describe an effective acceptance.
4. Determine when an offer, a revocation and an acceptance 
    is effective.
5. Define and describe the requirements of consideration.
6. Explain whether consideration is present or absent 
    in situations involving:
• past consideration
• performance of a preexisting duty
• illusory promise
• promissory estoppel (detrimental reliance)
7. Define accord and satisfaction and give an example of each.

Chapter 10
Contracts: Capacity and Legality 
1. List and compare persons who lack contractual capacity.
2. Define and describe:
• restoration
• disaffirmance (avoidance)
• ratification
• necessity

Chapter 11
Contracts: Assent and Form
1. Compare and contrast the following situations 
which evidence a lack of genuine assent (reality of assent):
• mistake
• fraudulent misrepresentation
• undue influence
• duress
2. Describe the requirements of the Statute of Frauds.
3. List and compare contracts which must meet
the requirements of the Statute of Frauds.
4. Define and describe the Parol Evidence Rule.
5. Describe various types of illegal agreements and agreements
  against public policy.
6. Define and explain:
• unconscionable contract
• exculpatory clause

Chapter 12
Contracts: Third-Party’s Rights and Discharge 
1. Explain an assignment of rights and a delegation of duties.
2. List and compare the effects of assignment of rights and 
delegation of duties.
3. Describe third-party beneficiaries and their rights.
4. Distinguish between discharge and breach.
5. List examples of conditions to performance.
6. Compare the following methods of discharge:
• breach performance
• rescission
• novation
• accord and satisfaction
• impossibility of performance

Chapter 13
Contracts: Breach and Remedies 
1. Compare the following types of remedies:
• damages
• rescission and restitution
• specific performance
• reformation
2. Compare and contrast the following types of damages:
• compensatory
• consequential
• punitive
• nominal
• liquidated
3. Explain:
• mitigation of damages
• election of remedies
• waiver of breach
 

The Legal and E-Commerce Environment of Business,
Torts and Crimes
Chapters 1 - 7

Sales, Lease, and E-Commerce Contracts
Chapters 14 - 17

Course Syllabus | Your Instructor | Course Components
Learning Objectives | Assignments | Good Stuff | Evaluation | Due Dates
Sinclair Policies & Procedures | Dialogue About the Law

Your Instructor, Garnett McDonough,
garnett.mcdonough@sinclair.edu