Flashcards - Contracts: Discharge of Contracts

Flashcards - Contracts: Discharge of Contracts
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unjustly enriched
Unjust enrichment is a legal concept referring to situations in which one person is enriched at the expense of another in circumstances which the law treats as unjust
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quasi-contract
In common law jurisdictions, the law of quasi-contract can be traced to the medieval form of action known as indebitatus assumpsit
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injunction
An injunction is an equitable remedy in the form of a court order that compels a party to do or refrain from specific acts
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punitive
Punitive damages, or exemplary damages, are damages intended to reform or deter the defendant and others from engaging in conduct similar to that which formed the basis of the lawsuit
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voidable
Voidable, in law, is a transaction or action that is valid but may be annulled by one of the parties to the transaction
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consideration
Consideration is the concept of legal value in connection with contracts
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contract
A contract is a voluntary arrangement between two or more parties that is enforceable at law as a binding legal agreement
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15 cards in set
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contract
A contract is a voluntary arrangement between two or more parties that is enforceable at law as a binding legal agreement
consideration
Consideration is the concept of legal value in connection with contracts
voidable
Voidable, in law, is a transaction or action that is valid but may be annulled by one of the parties to the transaction
punitive
Punitive damages, or exemplary damages, are damages intended to reform or deter the defendant and others from engaging in conduct similar to that which formed the basis of the lawsuit
injunction
An injunction is an equitable remedy in the form of a court order that compels a party to do or refrain from specific acts
quasi-contract
In common law jurisdictions, the law of quasi-contract can be traced to the medieval form of action known as indebitatus assumpsit
unjustly enriched
Unjust enrichment is a legal concept referring to situations in which one person is enriched at the expense of another in circumstances which the law treats as unjust
specific performance
Specific performance is an order of a court which requires a party to perform a specific act, usually what is stated in a contract
Frustration of purpose
In the law of contracts, frustration of purpose is a defense to enforcement of the contract
license
The verb license or grant license means to give permission
statutory illegality
An illegal agreement, under the common law of contract, is one that the courts will not enforce because the purpose of the agreement is to achieve an illegal end
unenforceable
An unenforceable contract or transaction is one that is valid but one the court will not enforce
expectation damages
Expectation damages are damages recoverable from a breach of contract by the non-breaching party
mistake
In contract law, a mistake is an erroneous belief, at contracting, that certain facts are true
valid
In logic, an argument is valid if and only if it takes a form that makes it impossible for the premises to be true and the conclusion nevertheless to be false

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