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BLAW

Horizontales
a contract that has the necessary elements and, thus, can be enforceable.
A contract involving one promise followed by one performance, which then triggers a second performance from the offeror.
The transfer of one party’s current rights under a contracts to a third party, thereby extinguishing the original party’s rights.
A procedure by which a debtor’s assets are reorganized and liquidated by a court order to pay off creditors and free the debtor from obligations under existing contracts.
A contract that meets the elements required by law for an otherwise binding agreement but is subject to legal defense.
The knowing, voluntary, and mutual approval of the terms of a contract by each party; required for a contract to be enforceable.
An event that must occur before a contract obligation is triggered.
A classification that permits a contract to be enforceable in cases where no express or implied contract exists and one party suffers losses as a result of another party’s unjust enrichment.
Triple damages; often awarded in fraud cases.
An action terminating an offer whereby the offeree rejects the offer outright prior to acceptance.
Verticales
An offer or attempt to perform what is required under contract.
Any meeting of the minds resulting in mutual assent to do or refrain from doing something.
Sane and thinking clearly.
A contract involving two promises and two performances.
A remedy that restores to the plaintiff the value of the performance that he has already rendered to the breaching party and by which the breaching party has been unjustly enriched.
A contract that lacks one or more of the basic required elements of a contract or that has not been formed in conformance with the law from the outset of the agreement and, thus, cannot be enforced by either party.
The law governing which contracts must be in writing in order to be enforceable.
A contract that is created when the parties have knowingly and intentionally agreed on the promises and performances.
The ability of properly formed contract to be enforceable in the court of law.
In contract law, the removal of all legal obligations under the agreement.