Across
- 3. offeree gives something of value in return for a promise to keep the offer open
- 8. promises barred from collection by _____
- 9. most states forbid or regulate _____
- 10. abbreviation for things within the statute of frauds
- 11. A contract not fully preformed
- 14. _____ offer:same as option that applies to merchant in writing
- 16. Offeree changes the offer terms in important ways and send back to the offeror
- 20. Person must have legal ability to contract for themselves
- 21. one party holds an incorrect belief about the facts or law
- 23. Terms are not explicitly stated, but inferred based on conduct
- 25. two promises to each other to form a contract
- 26. Untrue statement of fact
Down
- 1. Involves what the law considers value on some form as a result of transaction
- 2. A one sided promise/contract to another individual
- 4. if there is reliance courts can take actions in the name of basic fairness
- 5. What the parties agree to must be legal
- 6. All terms are stated orally, verbally, or in writing
- 7. A completed contract
- 12. Not really a contract, enforced for justice
- 13. confirmation of intent to be bound by the contract
- 15. Intentional or reckless lie about a contract
- 17. _____ organization; churches, schools, hospital
- 18. Grossly unfair
- 19. cancel obligation and get back what has already been put into the contract
- 22. nominal consideration is just a _____ amount
- 24. Improper threat or act placed on oferee to persuade acceptance