second exam review guide pt 2

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This part of the guide is to help you develop a methodology to answer the 10-15 questions that will be based on case scenarios. On the exam, I will present 3 case scenarios with a nu mber of facts in th em. You will need to ans wer a series of ques tions, typically 5, for each scenario. The cases m ay address any part of contract law, from whether or when a contract was created, to whether it was breached and the measure of damages. Not every question will require you to decide all such issues, but you will need to be able to analyze your way through the scenario. Here is a methodology in the form of a series of issues to analyze that will give you one way to approach these questions: 1. If the scenarios deals with a sale of goods, then UCC; otherwise common law 2. Remember that parties are presumed to have the ability to contract; this will only be an issue if the scenario tells you facts that suggest a party is or may be a minor, incompetent or impaired. Contracts with parties that lack capacity are either void or voidable, depending on the circumstances a. Communication, intent and definiteness b. Lapse, revocation, rejection, counter-offer, etc. 4. b. (Any method of communication is considered permissible unless the offer specifies a method of communication)

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