An offer can be revoked before acceptance unless it is supported by consideration, which can create an option contract.

An exculpatory clause limits liability for breach and is often included in contracts to protect one party from certain types of damages.

The non-breaching party can seek either damages or specific performance as remedies.

A failure to perform contractual obligations is termed a breach of contract.

A failure to perform obligations under a contract is termed a breach of contract.

Failure to perform obligations under a contract is termed a breach of contract.

Compensatory damages are intended to put the injured party in the position they would have been in had the contract been performed.

The first step is typically to notify the breaching party of the breach, allowing them an opportunity to remedy the situation.

A failure to perform obligations under a contract is referred to as a breach.

This is considered a minor breach, as the party has performed but not in accordance with the contract terms.

The buyer is entitled to damages for breach when the goods delivered do not conform to the contract specifications.

Failure to perform marital duties is considered a material breach, as it goes to the essence of the marital contract.

A material breach occurs when the failure to perform goes to the essence of the contract, which is the case when a contractor fails to complete a project by the deadline.

The party may raise the defense of impossibility of performance if unforeseen circumstances make it impossible to fulfill the contract.

Pro-rated damages may be awarded based on the extent of the partial performance.

The buyer is entitled to specific performance, which compels the seller to fulfill their contractual obligation to transfer the title.

Capacity refers to the legal ability of a party to enter into a contract, which can be affected by age, mental state, and other factors.

Capacity to contract refers to the legal ability of a party to enter into a binding contract.

Capacity refers to the legal ability of a party to enter into a contract.

Acceptance of a marriage proposal can be indicated by any action that demonstrates consent to marry, not just formalities.

The court found that no contract existed due to lack of certainty in the terms of the agreement.

The key issue was that revocation of an offer must be communicated to the offeree to be effective.

The court ruled that the insurance policy was enforceable despite the breach of contract.

The case established the validity of unilateral offers, where acceptance occurs through performance.

The main issue was whether there was a valid offer, as the court found that the advertisement constituted an offer to the world.

The ruling was that acceptance is effective when received, particularly in the context of instantaneous communication.

The court ruled that the display of goods in a shop window constituted an invitation to treat, not an offer.

The principle established was that damages must be foreseeable as a result of the breach.

The plaintiffs were seeking consequential damages for lost profits due to the delay in delivery.

The consideration was the nephew's promise to refrain from drinking until he turned 21.