CHEM140 Study Guide - Midterm Guide: Undue Influence, Deterrence Theory, Actus Reus

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Document Summary

Module 7: contracts and contract law principles underlying criminal. A contract may be defined as an agreement between two or more parties that is binding in law. This means that the contract generates rights and obligations that may be enforced by the courts. The normal method of enforcement is an action for financial damages for breach of contract, though in some cases the court may compel performance by the party in default. Bilateral contracts involve promises by each party whereas unilateral contracts involve one party promising to do something in exchange for an act of the other party. Offering an award is an example of a unilateral contract. Where a contract has been breached there are several possible remedies. The most common is monetary compensation or damages. A claim for quantum meruit is a claim for reasonable remuneration. as much as he/she deserves .