The topic of this podcast by Professor Scott J. Burnham is how an offeree can accept an offer for the sale of goods under UCC § 2-206. The podcast considers examples of the application of subsections (1)(a) and (b). Learning Outcomes On completion of the podcast, the student will be able to: 1. State the […]
UCC § 2-206, Offer and Acceptance in Formation of Contract: Discussions in Contracts
January 25th, 2021 · Comments Off on UCC § 2-206, Offer and Acceptance in Formation of Contract: Discussions in Contracts · All Posts
Tags:2-206·2-206(1)(a)·2-206(1)(b)·accept·acceptance·conforming goods·manner of acceptance·method of acceptance·non-conforming goods·sale of goods·unilateral contract trick
Discharge of Duties: Discussions in Contracts
January 19th, 2021 · Comments Off on Discharge of Duties: Discussions in Contracts · Contracts, Lawdibles Audio
This podcast by Professor Jennifer S. Martin discusses a discharge of duties such that parties do not have to perform their contractual obligations and cannot demand performance under the other party’s contract. Consideration is required to support enforcement of an agreement, including a modification of a contract resulting in a discharge of duties. This podcast […]
Tags:accord and satisfaction·discharge·discharge of duties·duties·novation·rescission·substituted contract·substituted performance
Assignment and Delegation: Discussions in Contracts
January 12th, 2021 · Comments Off on Assignment and Delegation: Discussions in Contracts · Contracts, Lawdibles Audio
The topic of this podcast by Professor Scott J. Burnham is when rights under a contract may be assigned to third parties, and when duties may be delegated to third parties. Using hypotheticals to illustrate, it discusses the exceptions that limit the transfer of rights and duties to a third party. The assignability of the […]
Tags:2-210(5)·2-210(6)·assignment·delegation·duties·prohibition of assignment·prohibition of delegation·rights·UCC Article 9
Silence as Acceptance: Discussions in Contracts
January 4th, 2021 · Comments Off on Silence as Acceptance: Discussions in Contracts · Contracts, Lawdibles Audio
The topic of this podcast by Professor Jennifer S. Martin is when silence itself can be acceptance of an offer. Acceptance is simply the name given to an offeree’s action in making the offeror’s promise enforceable. This podcast looks at the exceptional cases where notification of the intention to accept an offer is accomplished by silence. […]
Tags:§ 69 (1)·§ 69(2)·acceptance·ADT·exercise of dominion·expectation of compensation·inaction·Nirvana·previous dealings·prior conduct·silence·silence as acceptance·takes the benefit
Agreements Lacking Consideration: Past Consideration and Moral Obligation – Discussions in Contracts
December 21st, 2020 · Comments Off on Agreements Lacking Consideration: Past Consideration and Moral Obligation – Discussions in Contracts · Contracts, Lawdibles Audio
This podcast by Professor Jennifer S. Martin explains when agreements are not enforceable as contracts because they are not supported by consideration due to the fact that the promise is based on past action or a moral obligation. It also presents common situations involving past consideration, including the exception provided under the material benefit rule. […]
Tags:§ 86·bargained-for·bargained-for exchange·consideration·material benefit·material benefit rule·McGowin·Mills·mistake·moral obligation·past action·prior emergency services·Webb·Wyman
Agreements Lacking Consideration: Gift Promises – Discussions in Contracts
December 14th, 2020 · Comments Off on Agreements Lacking Consideration: Gift Promises – Discussions in Contracts · Contracts, Lawdibles Audio
This podcast by Professor Jennifer S. Martin considers when agreements are not enforceable as contracts because they are not supported by consideration due to the fact that the promise is a gift. Analyzing hypotheticals, the podcast examines common situations involving gift promises, including conditional gifts, and charitable promises. Cases discussed include Schnell v. Nell, 17 Ind. […]
Tags:bargained-for·bargained-for exchange·charitable promise·conditional gift·consideration·gift·gift promise·Hamer·Nell·promise·Schnell·Sidway
Modifications and the Pre-existing Duty Rule: Discussions in Contracts
December 7th, 2020 · Comments Off on Modifications and the Pre-existing Duty Rule: Discussions in Contracts · Contracts, Lawdibles Audio
The topic of this podcast by Professor Jennifer S. Martin is when contract modifications are not enforceable due to the pre-existing duty rule. Consideration is required to support enforcement of an agreement, including a modification to an agreement. In this podcast, we will look at when the pre-existing duty rule renders modifications unenforceable and when […]
Tags:2-209·consideration·duty·fair and equitable·modification·modifications·modified·new consideration·pre-existing·pre-existing duty·unforeseen circumstances
Good Faith: Discussions in Contracts
December 1st, 2020 · Comments Off on Good Faith: Discussions in Contracts · Contracts, Lawdibles Audio
The topic of this podcast by Professor Scott J. Burnham is the basic concept of good faith. Good faith, sometimes called the covenant of good faith and fair dealing, is an implied term in a party’s obligation of performance in every contract. The podcast examines both the subjective and objective standards of good faith. It […]
Tags:1-304·205·Billman·Cornett·covenant·fair dealing·good faith·Hensel·honest·honesty in fact·Implied·Key Bank·Neumiller·Neumiller Farms·objective·performance·reasonable·reasonable commercial standards·Reid·subjective