1. Governing Law ( tangible goods?)
- common law
- UCC Article 2---> are both parties merchants? merchant's special rules
2. Is there a valid K?
Mutual Assent
Offer: promise/undertaking; definite; communicate
- merchant's firm offer
- revocation
Acceptance
- mail box rule
- common law: mirror image
- UCC : Q: Offerree's different terms are part of K?
- between merchants: yes, unless: substantially change/ specific wording/?
- not between merchants: no ( offer control)
Consideration(bargain for exchange)
- estoppel: detrimental reliance
3. Does the K have a condition? What kind of condition?
- precedent condition/ concurrent condition/? condition
- waive
4. Any defenses?
- Mistake: patent
- Insane/Incapability
- Minority
- Statute of Frauds ( MY LEGS)
- Exception: Partial Performance
- Memo: between merchants, per oral communication's conclusion, 10 days
- Impossibility: objective
- Impracticability: subjective
5. Interpretation:
- Parole Evidence Rule:Oral communication prior or @ the written K is prohibited to be used to explain K if the written K is final and integrated.
- exception: mistake
- Is there a 3rd party beneficiary?
6. Have the obligations been performed? If not, was there a major or minor breach?
- anticipatory repudiation: prior the due day/ unequivocal
- bilateral
- rescind
- withhold
- ignore and urge for perform
- major breach: substantial bargain-for-exchange
- minor breach
7. Remedies ( check remedies outline)
legal:
- Compensatory
- foreseeable/causation/unavoidable
- put Pp as had K never been breached
- Consequential: incidental
- nominal
- punitive: non, unless tortious
- quasi K
- replevin: UCC special rule
- ejction
- Valid K
- Condition fulfilled
- Indequate Legal Remedy: special goods
- Mutual
- Feasibility
- Defenses: unclean hand
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