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Chapter 13
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AB
Parol Evidence RuleRule under which a written contract cannot be charged by prior oral or written agreements.
Express ContractContract in which the agreessment of the parties is spoken or writen.
Formal ContractWritten contract that must be in a special form to be enforceable.
Exeuted ContactContact that has been fully performed.
Simple ContactAny contact that is not a formal contract.
Imptied ContactContact in which intent of the parties is shown by conduct or circumstances.
Quasi ContactObligation that is enforced as if it werwe a contact in order to prevent unjust enrichment of one party.
Statute of FrandsLaw stating that certain agreement s are not enforceable unless they are in writing and are signed by the party against whom the contract is to be enforced.
Executory ContactContact that has not been fully performed.
Contact of AdhesionContact in which the more powerful party dictates all tha important terms.