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Results for “Promissory Estoppel Complete Contracts and UCC Article 2 List”

24 catalog matches
Question Contracts | Consideration and Promissory Estoppel | MULTIPLE_CHOICE Hard

A manufacturer signed an agreement with a parts supplier stating, "Supplier promises to sell circuit boards to Manufa...

...ch statement is most accurate? The best answer identifies the buyer's complete discretion as making the promise illusory. Restatement (Second) of Contracts 77, UCC 2-306, NCBE NextGen UBE Content Scope, Contracts

Citations: Restatement (Second) of Contracts 77, UCC 2-306, NCBE NextGen UBE Content Scope, Contracts

Question Contracts | Consideration and Promissory Estoppel | MULTIPLE_CHOICE Hard

A consulting firm emailed a specialist, "We will hire you for our Denver project starting July 1. Move by then and we...

...ng work. Which statement is most accurate? The best answer states the promissory-estoppel elements and recognizes a limited remedy. Restatement (Second) of Contracts 90, NCBE NextGen UBE Content Scope, Contracts

Citations: Restatement (Second) of Contracts 90, NCBE NextGen UBE Content Scope, Contracts

Question Contracts | Consideration and Promissory Estoppel | ESSAY Hard

A bicyclist was injured when a delivery van brushed against him. The delivery company denied fault, but the bicyclist...

...ts, past consideration, and material benefit. Restatement (Second) of Contracts 71, Restatement (Second) of Contracts 73, Restatement (Sec...

Citations: Restatement (Second) of Contracts 71, Restatement (Second) of Contracts 73, Restatement (Second) of Contracts 74, Restatement (Second) of Contracts 86

Question Contracts | Performance and Remedies | ESSAY Medium

A party failed to deliver as promised and the nonbreaching party incurred substitute-performance costs. A party relie...

...record includes facts suggesting that practice was unreasonable or incomplete in this setting. The opponent argues that custom ends the analysis. How should the court, tribunal, or decision maker resolve the dispute? Di...

Citations: Hadley v. Baxendale, Restatement contract remedies, UCC Article 2 remedies

Question Contracts | Consideration and Promissory Estoppel | ESSAY Hard

A baker wanted to buy a warehouse for a new commercial kitchen. The owner signed a writing granting the baker the exc...

...able pledges, and reliance-based enforcement. Restatement (Second) of Contracts 25, Restatement (Second) of Contracts 87, Restatement (Second) of Contracts 90, UCC 2-2...

Citations: Restatement (Second) of Contracts 25, Restatement (Second) of Contracts 87, Restatement (Second) of Contracts 90, UCC 2-205

Question Contracts | Consideration and Promissory Estoppel | MULTIPLE_CHOICE Hard

A landowner hired an excavator to prepare a building pad for a fixed price. After work began, the excavator discovere...

...undation required specialized equipment. Before the original work was complete, the parties signed a fair written modification increasing the price for the extra removal work. The landowner later refused to pay the incre...

Citations: Restatement (Second) of Contracts 89, Restatement (Second) of Contracts 73, NCBE NextGen UBE Content Scope, Contracts

Question Contracts | Consideration and Promissory Estoppel | ESSAY Hard

A museum hired a contractor to renovate a gallery for a fixed price of $400,000. Halfway through the work, the contra...

...h the work, the contractor told the museum that labor costs had risen and that he would stop work unless the museum promised an additional $40,000. The museum, under pressure to open an exhibition on time, signed the pro...

Citations: Restatement (Second) of Contracts 73, Restatement (Second) of Contracts 89, UCC 2-209, NCBE NextGen UBE Content Scope, Contracts

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. One side relies on notice and pract...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. The facts are close, and both sides...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Consideration and Promissory Estoppel | ESSAY Hard

A chef planned to launch a food-truck business. Her friend, a graphic designer, had a full-time job at a marketing fi...

...uacy of consideration, and illusory promises. Restatement (Second) of Contracts 71, Restatement (Second) of Contracts 79, Restatement (Secon...

Citations: Restatement (Second) of Contracts 71, Restatement (Second) of Contracts 79, Restatement (Second) of Contracts 77, NCBE NextGen UBE Content Scope, Contracts

Question Contracts | Consideration and Promissory Estoppel | MULTIPLE_CHOICE Hard

A homeowner contracted with a painter to paint a house for $9,000. After starting, the painter realized that paint pr...

...wner signed a note promising to pay the extra amount, and the painter completed exactly the work required by the original contract. The homeowner refuses to pay the extra $2,000. Which statement is most accurate under th...

Citations: Restatement (Second) of Contracts 73, NCBE MBE Subject Matter Outline, Contracts

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. The moving party has the burden on...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Hard

A seller promised to keep an offer open while the buyer made costly preparations. A party invokes an equitable or dis...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. Another actor changed position afte...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. One argument was preserved, while a...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. The decision maker must choose betw...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Hard

A seller promised to keep an offer open while the buyer made costly preparations. The disputed action was partly auth...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Hard

A seller promised to keep an offer open while the buyer made costly preparations. The facts support the doctrine in p...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Formation | MULTIPLE_CHOICE Medium

A seller promised to keep an offer open while the buyer made costly preparations. The record contains both written pr...

...ion requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commitment language, timing, revocation, acceptance method, reliance, and whether UCC rule...

Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205

Question Contracts | Performance and Remedies | MULTIPLE_CHOICE Medium

A party failed to deliver as promised and the nonbreaching party incurred substitute-performance costs. One argument...

A party failed to deliver as promised and the nonbreaching party incurred substitute-performance costs. One argument was preserved, while another was raised only later. Which result best accounts for preservation and mer...

Citations: Hadley v. Baxendale, Restatement contract remedies, UCC Article 2 remedies