{\rtf1\ansi \deflang1033\deff0{\fonttbl {\f0\froman \fcharset0 \fprq2 Times New Roman;}{\f1\fswiss \fcharset0 \fprq2 Univers;}{\f2\fscript \fcharset0 \fprq2 Lucida Blacklet;} {\f3\froman \fcharset0 \fprq2 Nimrod;}{\f4\fnil \fcharset0 \fprq2 WP TypographicSymbols;}}{\colortbl;\red0\green0\blue0;\red0\green0\blue0;} {\stylesheet{\fs20 \snext0 Normal;} {\s1 \qj\li-1440 Quick I.;} {\s2 \qj\li-1440 Quick A.;} {\s3 \qj\li-1440 Quick 1.;} {\s4 \qj\li-1440 Quick \'5f;} }\notabind\margl1440\margr1440\hyphhotz936\ftnbj\fet2\ftnrstpg\aftnnar\viewkind1\subfontbysize \sectd \sbknone\headery1440\footery1440\endnhere\endnhere {\footer \fs60\pard \fs24 \par \pard \fs20\tqr\tx9360 {\plain \fs20 \b\f1\fs20 L200 \'97 Session 4 (outline)\ul0 \tab page 4: \chpgn \par }} {\*\pnseclvl1\pndec\pnstart1{\pntxta .}} {\*\pnseclvl2\pnlcltr\pnstart1{\pntxta .}} {\*\pnseclvl3\pnlcrm\pnstart1{\pntxta .}} {\*\pnseclvl4\pndec\pnstart1{\pntxtb (}{\pntxta )}} {\*\pnseclvl5\pnlcltr\pnstart1{\pntxtb (}{\pntxta )}} {\*\pnseclvl6\pnlcrm\pnstart1{\pntxtb (}{\pntxta )}} {\*\pnseclvl7\pndec\pnstart1{\pntxta .}} {\*\pnseclvl8\pnlcltr\pnstart1{\pntxta .}} {\*\pnseclvl9\pnlcrm\pnstart1} {\field{\*\fldinst {\lang4105 SEQ CHAPTER \\h \\r 1}}{\fldrslt }}\pard \fs60\qc\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs60 \b\f2\fs60 L200 \'97 Contracts}{\plain \fs60 \f2\fs60 \par }\pard \fs50\qc\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs50 \f3\fs50 Session 4\par }\pard \fs44\qc\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs44 \f3\fs44 }{\plain \fs44 \b\f3\fs44 Contract Formation Details\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\s1\fi-433\li433\tx1153\tqr\tx9360 {\plain \fs22 \f1\fs22 I.\ul0 \tab }{\plain \fs22 \b\f1\fs22 UCC CONTRACT FORMATION\ul0 \tab [ p. 255 et seq. ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s2\fi-433\li433\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 A.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Less Emphasis on Precision, more on Intent}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab UCC looks at all of the interactions between the parties\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab To the extent the parties do not agree, UCC provides terms:\par }\pard \fs22\li1299\tqr\tx9360 {\plain \fs22 \f1\fs22 (\'93gap-filling\'94 provisions)\ul0 \tab [ p. 256 - 57 ]\par }{\shp{ \*\shpinst\shpleft4680\shptop8\shpright9360\shpbottom1702\shpbypara\shpbxmargin\shpwr2\shpwrk3{\sp{\sn fLine}{\sv 1}}{\sp{\sn lineStyle}{\sv 0}}{\sp{\sn lineWidth}{\sv 12192}}\brsp100{\sp{\sn lineColor}{\sv 2}}{\sp{\sn dxTextLeft}{\sv 76200}}{\sp{\sn dxTextRight}{\sv 76200}}{\sp{\sn dxTextTop}{\sv 76200}}{\sp{\sn dxTextBottom}{\sv 76200}}{\sp{\sn dxWrapDistLeft}{\sv 152400}}{\sp{\sn dyWrapDistTop}{\sv 152400}}{\sp{\sn dxWrapDistRight}{\sv 152400}}{\sp{\sn dyWrapDistBottom}{\sv 152400}}{\sp{\sn fFilled}{\sv 0}}{\sp{\sn shapeType}{\sv 202}}{\shptxt {\fs24\pard \fs24 \'93Delivery\'94 and \'93receipt\'94 do not necessarily \softline happen at the same time. Delivery = when \softline seller has placed in possession of carrier, etc. \softline \'93Receipt\'94 = when physical possession offered \softline to buyer.\par }}}{\shprslt}}\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab \'93Open Price\'94 term\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab \'93Open Payment\'94 term\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab \'93Open Delivery\'94 term\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (d)\ul0 \tab Open Quantity = no \softline contract, unless \softline \'93Requirements\'94or \softline \'93Output\'94 contract\par }\pard \fs22\s2\fi-433\li433\tx1153\tx1873\tqr\tx9360 {\plain \fs22 \f1\fs22 B.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Acceptance Differences}{\plain \fs22 \b\f1\fs22 \ul0 \tab [ p. 257 - 58 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s2\fi-433\li433\tx1153\tx1873\tqr\tx9360 {\plain \fs22 \f1\fs22 C.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab \'93Merchant\'94 and Others}{\plain \fs22 \b\f1\fs22 \ul0 \tab [ p. 254 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab Three different ways to be a \'93merchant\'94\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab NOT limited to retail sellers\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 3.\ul0 \tab \ul0 \tab \ul0 \tab \'93Consultant\'94 may be a merchant\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 4.\ul0 \tab \ul0 \tab \ul0 \tab Merchants are subject to different standards }{\plain \fs22 \i\f1\fs22 in some situations}{\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab Assumed to know the usages and customs in the trade\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab Are required to act consistently with standards of the trade\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab \'93Battle of Forms\'94 between merchants have different results\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li433\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \b\f1\fs22 II.\ul0 \tab BATTLE OF THE FORMS}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s2\fi-433\li433\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 A.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Problems Created by Standardized Forms}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab All systems allow parties significant latitude in the terms of contract\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab Businesses create \'93standard\'94 forms for regular transactions\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 3.\ul0 \tab \ul0 \tab \ul0 \tab Use of forms = fill in the blanks\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 4.\ul0 \tab \ul0 \tab \ul0 \tab Companies exchange forms, with only the blanks being considered\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 5.\ul0 \tab \ul0 \tab \ul0 \tab Problem = Is there a contract? What is it?\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab Normal Common Law result = no contract\par }{\shp{ \*\shpinst\shpleft4680\shptop1\shpright9360\shpbottom1129\shpbypara\shpbxmargin\shpwr2\shpwrk3{\sp{\sn fLine}{\sv 1}}{\sp{\sn lineStyle}{\sv 0}}{\sp{\sn lineWidth}{\sv 12192}}\brsp100{\sp{\sn lineColor}{\sv 2}}{\sp{\sn dxTextLeft}{\sv 76200}}{\sp{\sn dxTextRight}{\sv 76200}}{\sp{\sn dxTextTop}{\sv 76200}}{\sp{\sn dxTextBottom}{\sv 76200}}{\sp{\sn dxWrapDistLeft}{\sv 152400}}{\sp{\sn dyWrapDistTop}{\sv 152400}}{\sp{\sn dxWrapDistRight}{\sv 152400}}{\sp{\sn dyWrapDistBottom}{\sv 152400}}{\sp{\sn fFilled}{\sv 0}}{\sp{\sn shapeType}{\sv 202}}{\shptxt {\fs24\pard \fs24 CISG is similar to UCC between merchants, \softline but VERY limited as to what is not \'93material\'94 \softline change\par }}}{\shprslt}}\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab Normal UCC result = \softline contract\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li433\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \b\f1\fs22 III.\ul0 \tab OTHER ELEMENTS OF CONTRACT}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s2\fi-433\li433\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 A.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Not Directly Discussed in UCC or \softline CISG}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab UCC assumes adequate state rules concerning legal competence, fraud, undue \softline influence, etc.\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab CISG also relies on local law for those subjects\par }\pard \fs22\s2\fi-433\li433\tx1153\tx1873\tx2593\tx3313\tx4033\tqr\tx9360 {\plain \fs22 \f1\fs22 B.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab CONSIDERATION}{\plain \fs22 \f1\fs22 \ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 183 et seq. ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab SEE HANDOUT = effectively the same definition as in text\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab It is not necessary to use \'93benefit\'94 or \'93detriment\'94 in definition \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 3.\ul0 \tab \ul0 \tab \ul0 \tab BOTH parties to a contract must give consideration\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 4.\ul0 \tab \ul0 \tab \ul0 \tab \'93Bargained for\'94 means only that the legal value being given was given as a \softline result of (or in) the negotiation, not totally extraneous\par }\pard \fs22\s3\fi-866\li866\tx1586\tx2306\tx3026\tqr\tx9360 {\plain \fs22 \f1\fs22 5.\ul0 \tab \ul0 \tab \ul0 \tab }{\plain \fs22 \i\f1\fs22 Adequacy\ul0 \tab [ p. 184 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-1732\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \tab \tab \tab (a)\ul0 \tab NOT an issue if the question is whether consideration exists\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab Gross differences between the objective value of considerations traded \softline MAY be evidence of some other problem:\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 6.\ul0 \tab \ul0 \tab \ul0 \tab }{\plain \fs22 \i\f1\fs22 Modification, Recission, Settlement}{\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab With very few exceptions, any change in a contract by the parties must \softline be through an agreement that is a contract (}{\plain \fs22 \i\f1\fs22 i.e.}{\plain \fs22 \f1\fs22 has consideration)\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab Modifications that require greater payments for same work (basements)\par }\pard \fs22\s4\fi-1732\li1732\tx2452\tx3172\tx3892\tx4612\tx5332\tqr\tx9360 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \'93Unforeseen difficulties\'94 exception\ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 185 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab UCC allows modification of any contract without new consideration\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (d)\ul0 \tab CISG does not require consideration in the first instance, therefore no new \softline consideration is required for modification\par }\pard \fs22\s4\fi-1732\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab Kaz. Code is like CISG\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (e)\ul0 \tab Recission, Settlement, etc.\par }\pard \fs22\fi-434\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (1)\ul0 \tab }{\plain \fs22 \i\f1\fs22 If contract executory on both sides}{\plain \fs22 \f1\fs22 consideration is inherent in \softline recission\par }\pard \fs22\fi-434\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (2)\ul0 \tab }{\plain \fs22 \i\f1\fs22 If not}{\plain \fs22 \f1\fs22 , one side must give new consideration\par }\pard \fs22\fi-434\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (3)\ul0 \tab The distinction between \'93liquidated\'94 and \'93unliquidated\'94 debts\par }\pard \fs22\s3\fi-866\li866\tx1586\tx2306\tx3026\tqr\tx9360 {\plain \fs22 \f1\fs22 7.\ul0 \tab \ul0 \tab \ul0 \tab \'93Promises enforceable without consideration\'94\ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 188 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 -\tab }{\plain \fs22 \i\f1\fs22 Promissory Estoppel}{\plain \fs22 \f1\fs22 = equity remedy (therefore no \'93contract\'94 required)\par }\pard \fs22\s2\fi-433\li433\tx1153\tx1873\tqr\tx9360 {\plain \fs22 \f1\fs22 C.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Capacity}{\plain \fs22 \b\f1\fs22 \ul0 \tab [ p. 195 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab Three levels of \'93competence\'94 (for contract law)\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab Full competence = assumed for all 18 or over\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab Limited competence = assumed for all under 18\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab Incompetent = never assumed\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab Results =\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab Competent = contract valid\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab Limited competence = contract voidable\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab Incompetent = void\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 3.\ul0 \tab \ul0 \tab \ul0 \tab Limited Competence = primarily minors\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab }{\plain \fs22 \i\f1\fs22 Effect of Avoidance:}{\plain \fs22 \f1\fs22 = not obligated to continue performance\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab }{\plain \fs22 \i\f1\fs22 RATIFICATION}{\plain \fs22 \f1\fs22 = agreement to perform, after disability ends\par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab Exceptions: = misrepresentation, business\par }\pard \fs22\fi-433\li1732\tx2452\tqr\tx9360 {\plain \fs22 \f1\fs22 (d)\ul0 \tab }{\plain \fs22 \i\f1\fs22 Necessaries}{\plain \fs22 \f1\fs22 \ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 197 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 EQUITY imposes an obligation to pay reasonable value for \'93necessaries\'94\par }\pard \fs22\s3\fi-866\li866\tx1586\tx2306\tx3026\tqr\tx9360 {\plain \fs22 \f1\fs22 4.\ul0 \tab \ul0 \tab \ul0 \tab }{\plain \fs22 \i\f1\fs22 Intoxicated persons}{\plain \fs22 \f1\fs22 \ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 198 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s4\fi-1299\li1299\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab Not limited to alcohol intoxication (any substance-induced incapacity)\par }\pard \fs22\s3\fi-866\li866\tx1586\tx2306\tx3026\tqr\tx9360 {\plain \fs22 \f1\fs22 5.\ul0 \tab \ul0 \tab \ul0 \tab }{\plain \fs22 \i\f1\fs22 Incompetent persons not adjudicated}{\plain \fs22 \f1\fs22 \ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 199 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }{\plain \fs22 \f1\fs22 \par }\page \pard \fs22\s2\fi-433\li433\tx1153\tx1873\tqr\tx9360 {\plain \fs22 \f1\fs22 D.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Legality}{\plain \fs22 \f1\fs22 \ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 200 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab The \'93general rule\'94 is applied less often than some exception\par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab GENERAL RULE = contract for illegal purpose is VOID\par }{\plain \fs22 \f1\fs22 3.\ul0 \tab {\shp{ \*\shpinst\shpleft4680\shptop1\shpright9360\shpbottom1417\shpbypara\shpbxmargin\shpwr2\shpwrk3{\sp{\sn fLine}{\sv 1}}{\sp{\sn lineStyle}{\sv 0}}{\sp{\sn lineWidth}{\sv 12192}}\brsp100{\sp{\sn lineColor}{\sv 2}}{\sp{\sn dxTextLeft}{\sv 76200}}{\sp{\sn dxTextRight}{\sv 76200}}{\sp{\sn dxTextTop}{\sv 76200}}{\sp{\sn dxTextBottom}{\sv 76200}}{\sp{\sn dxWrapDistLeft}{\sv 152400}}{\sp{\sn dyWrapDistTop}{\sv 152400}}{\sp{\sn dxWrapDistRight}{\sv 152400}}{\sp{\sn dyWrapDistBottom}{\sv 152400}}{\sp{\sn fFilled}{\sv 0}}{\sp{\sn shapeType}{\sv 202}}{\shptxt {\fs24\pard \fs24 Text says }{\plain \fs24 \b states}{\plain \fs24 allow gambling on Indian \softline reservations. Actually states have very little \softline choice, due to federal law concerning status \softline of Indian tribes as inde\-pen\-dent governments.\par }}}{\shprslt}}\pard \fs24 }\pard \fs22\s3\fi-1299\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \i\f1\fs22 Gambling}{\plain \fs22 \f1\fs22 \'97 still illegal in \softline every state\par }\pard \fs22\s4\fi-1299\li1299\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab Every state has \softline exceptions for specific \softline types/places for gambling\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx1586\tx2306\tx3026\tqr\tx9360 {\plain \fs22 \f1\fs22 4.\ul0 \tab \ul0 \tab \ul0 \tab }{\plain \fs22 \i\f1\fs22 Licensing}{\plain \fs22 \f1\fs22 \ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 201 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s4\fi-1299\li1299\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab Distinguish between regulatory and revenue licensing\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx1586\tx2306\tx3026\tqr\tx9360 {\plain \fs22 \f1\fs22 5.\ul0 \tab \ul0 \tab \ul0 \tab }{\plain \fs22 \i\f1\fs22 Contrary to Public Policy}{\plain \fs22 \f1\fs22 \ul0 \tab [ }{\plain \fs22 \b\f1\fs22 p. 201 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s4\fi-1299\li1299\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \'93Public Policy\'94 is a very vague term\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab Covenant not to compete\par }\pard \fs22\fi-434\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (1)\ul0 \tab If not coupled to another agreement, violates anti-trust (illegal)\par }\pard \fs22\fi-434\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (2)\ul0 \tab }{\plain \fs22 \scaps\f1\fs22 Sale of Business}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s4\fi-2166\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab Limits (geographic, time) must be reasonable\par }\pard \fs22\fi-434\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (3)\ul0 \tab }{\plain \fs22 \scaps\f1\fs22 Employment Contract}{\plain \fs22 \f1\fs22 \par }\pard \fs22\s4\fi-2166\li2166\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 {\f4 \'53}\ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab \ul0 \tab The problem is that the agreement should not put the employee \softline in a position where she/he cannot earn a living\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\s2\fi-433\li433\tx1153\tx1873\tqr\tx9360 {\plain \fs22 \f1\fs22 E.\ul0 \tab }{\plain \fs22 \b\i\f1\fs22 \ul0 \tab Genuineness of Assent}{\plain \fs22 \b\f1\fs22 \ul0 \tab [ p. 206 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 1.\ul0 \tab \ul0 \tab \ul0 \tab Used as a DEFENSE when it appears (objectively) that a contract exists\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\s3\fi-866\li866\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 2.\ul0 \tab \ul0 \tab \ul0 \tab The various rules that allow avoidance of a contract require some objective \softline proof that a reasonable person would conclude that the party did not really \softline agree to a contract\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (a)\ul0 \tab \'93Mistake\'94 works only if both parties make a mistake about a material \softline aspect of the contract\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (b)\ul0 \tab \'93Fraud\'94 requires proof of intentional misleading by the other party\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 (c)\ul0 \tab \'93Undue Influence\'94\par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 {\plain \fs22 \f1\fs22 \par }\pard \fs22\fi-433\li1732\tx2452\tqr\tx9360 {\plain \fs22 \f1\fs22 (d)\ul0 \tab \'93Duress\'94\ul0 \tab }{\plain \fs22 \b\f1\fs22 [ p. 211 ]}{\plain \fs22 \f1\fs22 \par }\pard \fs22\tx0\tx433\tx866\tx1299\tx1732\tx2166\tx2599\tx3032\tx3465\tx3898\tx4332\tx4765\tx5198\tx5631\tx6064\tx6498\tx6931\tx7364\tx7797\tx8230\tx8664\tx9097\tx9530\tx9963\tx10396 }