Review the basics of contract law: consent, capacity, consideration, legality, Statue of Frauds, Statutes of Limitations.

by | Apr 13, 2022 | Other

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Review for me the basics of contract law: consent, capacity, consideration, legality, Statue of
Frauds, Statutes of Limitations.
Define each element in full sentences, giving as many examples from class as possible. Discuss
fully,
What are the tests for consent? For capacity? What is the test for insanity? Explain voidable
contracts. What are the two questions to ask to determine consideration?
What has to be illegal for a contract to be void? Why do we have a Statute of Frauds? And a
Statute of Limitations?

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