Problem
• Contracts 1: Discuss a recent contract you have entered into. Who it was with and what was it for (employment, lease, etc.)? Was the contract negotiated? What are two ways that a party can reject an offer?
• Contracts 2: What are two exceptions to the consideration requirement? What is the legal effect of a "force majeure" clause?
• Contracts 3: A beautiful old mansion is for sale and is rumored to be haunted. The buyer is terrified of ghosts but does not know that the mansion is haunted. If the seller says nothing, and the buyer purchases the house and finds out later that paranormal activity is occurring, can the buyer cancel the deal using the fraud defense? Why or why not?
• Contracts 4: Discuss the difference between impossibility, impracticability and frustration of purpose.
• Remedies: What is the difference between a legal remedy and an equitable remedy? Give two examples of legal remedies and two examples of equitable remedies.
• Intellectual Property: Give an example of a Work that is protected by (i) patent; (ii) trademark; and (iii) Copyright.
• Real Property: Define fixtures/trade fixtures and easements. Describe a situation where someone would want a fixture/trade fixture or an easement.