BUS 393 Lecture Notes - Lecture 4: Methamphetamine, Objective Test, Fax

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 393
• Professor: Robin Elliott

Document Summary

Add in paper that if you use the smoke ball you won"t get flu. 100-pound award if you use this and still get sick also, have 1000 pounds deposited someone tried to sue them after getting sick and they said its just an add, shouldn"t take it seriously. Key elements of contract law: hold parties to their promise, deal fairly with problems that come up, require good faith dealings. Moral obligations (contracts dealing with land need to be written down) Common law couple bought a house from his parents. Verbal agreement that they would pay ,000 back to parents when the home sold. Asked for unequal division to allow for debt to be paid. No question that a promise was made about the land in question. Because it was a contract over an interest in land, it was subject to the statute of frauds.