Contracts FLOW Chart PDF
Contracts FLOW Chart PDF
Contracts FLOW Chart PDF
No Contract formed
ntial
K counter-offer? Neither. acceptance
timely?
formation Use BoF chart
from this offer or bargained for
acceptance. Find exchange Mailbox Rule:
other facts and start NO Acceptance is valid Within a
again, or alternatives the moment it is reasonable
communicated to amount of time
to Contract formation.
Acceptance was valid. Mirror the offeror, unless
Reliance/Restitution a rejection was
Was there YES. Image of received first. Was the offer
Consideration? Offer?
Note: rescinded
The benefit or Unilateral: YES. before
detriment cannot be: Irrevocable if offeree acceptance
-promise to do Benefit to the promisor, begins performance--> received?
something they are YES.
detriment to the promisee an option contract is
already bound to do.
then formed for a
-promise to refrain to NO.
do something they reasonable amount of
have no right to do.
Bargained for exchange? time. R2d 45
NO.
one thing,
Gift; Illusory promise; No Need; or Valid writing,
Past consideration
for
another that includes: Contract
alternatives to YES.
consideration
-Signature (of party to be charged) formed!
-Recognition of an agreement
Promissory Consideration was valid. -Key terms.
Restitution or
Reliance Charitable Need Statute of No K Formed,
NO. YES. Part-performance that
see other page Subscription? Frauds? NO. unequivocally proves the NO. try alternatives
(MYLEGS) see page 2 contract
SV fall LME 2012 1
Consideration was valid.
Consideration was invalid.
Need Statute of
Was there Frauds? VALID WRITING(S)?
Promissory (MYLEGS) see page 2
multiple writings may be
combined as one to satisfy the
Restitution? SoF, but only if they are signed
by the promisor and/or the
writing that is signed by the
Promise for a benefit promisor explicitly references
received? their agreement and/or a
Marriage
previous writing by the
Year, or more promisee.
YES. NO. Land sale
Executor
Goods sale>$500
Was it intended to be Surety
a gift?
NO.
YES.
END.
Promise no
disproportionate to the promissory
benefit received? restitution
NO.
NO.
Does justice require
the promise to be
enforced?
Factors:
-unjust
enrichment;
-the
promise
made;
-the benefit
received
YES.
The promise
may be
enforced.
SV fall LME 2012 2
R2d 90 Reliance Restitution
Trigger: Consideration failed, BFE failed, or offer revocation issue. Trigger: When nothing else works; No K; No Consid;No SoF writing;
Defense to K w/ capasity, fraud, or mistake
Was there a promise?
Was there unjust
enrichment?
YES. NO.
YES. NO.
YES. NO.
No Offer &
Acceptance. With material
Try new facts
changes
or move to
alternatives
Counter-offer Consideration?
Benifit/Detriment
+ Bargained for?
NO. YES.
Over $500?
or any other
Valid writing, that includes:
-Signature (of party to be charged) MYLEG?
-Recognition of an agreement
-Key terms. INC. #
YES. NO
NO YES.
Modification after
from another flowchart. contract formation?
Contract Formed!
No consideration
necessary
SV fall LME 2012 4
Defenses R2d 152-154 Mistake R2d 19-160 Misrepresentation
Trigger: Incorrect assumption (not fraud) Trigger: False statement/Omission/Concealment
Mistake of
UCC Bilateral
R2d 208 Unconscionability §2-302 Unilateral fact during An An Action
A False
both parties were
Trigger: Inequality in bargaining process +Grossly only 1 party mistaken, K formation Omission to Conceal
mistaken. Assertion
unfair to one side. or only 1 party was to disclose
NEED BOTH procedural +Substantive affected by mistake. or Did the
Error was made as to a Was there a action Did the assertion
Procedural Unconscionability prevent the
Extreme basic assumption on relation of substantially
which the K was made? other party contribute to the
Unfairness? trust between
Unequal Bargaining from assent?
parties? learning a
Lack of Choice: Power:
o -Age; Literacy; Lack NO. YES. fact
NO. YES.
-boilerplate form r YES. NO. NO. YES.
-difficult to of sophistication
understand -Lack of legal council Y
Had a material effect N E Intended to
-Weak bargaining Mistake made Δ knew previous O
. S. induce assent,
on the exchange of
position in good faith? statement made while knowing
performance?
more like barren cow was wrong falsity, or
than valuable jewel. maybe falsity
NO. YES. YES.
NO. NO. YES.
NO. NO. YES.
YES. Note:
NO. Δ knew telling would
Substantive Unconscionability if NO and
Grave correct a mistake as no arrow
Was the
misrepresentation
Injustice if Adversely affected to a basic after... no justifiably relied
court does party did not bear the assumption of the K misrep. upon?
Factors: YES. risk of mistake.
not act?
-overly harsh, did not sign a contract, YES.
Unconscionable "as is". NO. NO.
or one sided; YES.
contract/term=
-"shocks the NOT YES. NO.
conscience" Δ knew telling would
ENFORCED NO. YES. correct a mistake as
to a the content or Contract is
Relief! No effects of writing. Voidable!
NO. NOT Relief! Relief!
unconscionable YES.
NO.