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Contract Flowchart Colored
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Contract Flowchart Colored
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Is there an Offer?
Is there Consideration?
No
Yes
No
No Remedy
Yes
Is there a CounterOffer?
K is still valid if Are both $500 or written Yes more? Yes parties confirmation merchants? sent in No reasonable
Will there be Unjust QK/UE Enrichment if not QM enforced (QK)? Yes
Yes No Is there Acceptance? (Promise or Performance) Yes
UCC Statute of Frauds 2-201
No
time and no objections within 10 days
No
No Remedy
PE/DR
Are goods to be Yes specially manufacturered for buyer?
No
No Is this an offer for Sale of Goods? Yes
No
Is there Consideration? Yes Is this an offer for Sale of Goods?
No
Offer dies when the offeree made the counteroffer, unless offeror agrees Is there Detrimental Reliance for PE?
No Remedy
SoF APPLIES! Must be in Marriage Yes writing and signed by the Provision? person to be No bound Land Yes Contract?
Valid K
No
No K is NOT valid
Is K in Yes Was there a writing? Counteroffer? Yes
Statute of Frauds TBCC 26.01
No Possible to perform within a year? Yes
Yes
No
No Surety Yes agreement? No
Yes
K is valid No
Promise of Yes cure by Doc?
Have goods been paid for and accepted OR received and accepted?
Yes
Yes
No
No
Did other party admit K was made?
Battle of the Forms UCC 2-207
No No Are both parties merchants?
Is Acceptance Conditional on the add’l terms?
K is NOT valid
Yes
Yes No Does offer Does Expressly Limit counteroffer Acceptance to materially the terms of the change terms? offer? Yes Yes
No
Was Objection to Add’l Terms made?
Yes
Valid K
Valid K
Add’l terms are NOT part of K
Add’l terms ARE ARE part of K
No Did the conduct of both parties imply the existence of a K even through the writings did not?
Yes
Valid K
No
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