Label each fact situation with the term that best describes thelegal concept illustrated. Each term is used once.

Terms

• Implied contact
• Objective theory of contracts
• Agreement
• Counteroffer
• Revocation of offer
• Legal capacity
• Illegal contract
• Exculpatory clause
• Genuine consent
• Statute of frauds
• Parol evidence rule
• Material breach
• Anticipatory breach
• Rescission
• Accord and satisfaction
• Statute of limitations
• Compensatory damages
• Consequential damages
• Liquidated damages
• Specific performance

Fact situations

1. Avik pulls into the local Shell station where he regularly buysgas. He waves to the regular station attendant, who authorizes thetank to dispense gas. Avik inserts the pump nozzle into his car’sgas tank.
2. After discussing the terms of a business merger over the phone,A Co.’s CEO believes that an agreement has been reached. Z Corp’sCEO believes no agreement has been reached.
3. Nicole buys a ticket for $207 to fly from Chicago to New Yorkon United Airlines.
4. Jonathan offers to buy a house for $240,000. The owners replythat they will sell it to Jonathan for $250,000.
5. Nina decides she would rather have a sporty VW Beetle insteadof the Golf GTI that she just offered to buy. She tells thesalesman her decision as he reenters his cubicle before he has achance to say anything.
6. Mitchell gets extremely intoxicated at a bachelor party andsells his car to his friend in exchange for a bottle of JackDaniels whiskey.
7. Joanna buys Ecstasy from Nick at a party. She feels no effectfrom the drug and thinks Nick should return her money to her.
8. Zephyr Company requires employees returning to the officeduring the Covid-19 epidemic to sign a waiver that they will notsue the company if they contract Covid-19 at the office.
9. Jimmy’s Used Cars cleverly repairs collision damage to avehicle and then sells the vehicle after assuring the buyer it wasnever involved in an accident.
10. Tim and Kathy sign their marriage license prior to theirwedding ceremony.
11. While interviewing for a new job, Nadia’s prospective employertells her that employees get paid holidays for their birthdays andfree Starbucks coffee during work hours in the office. No mentionof these benefits is made in the written information given to herby the human resources representative she when she fills out herW-4. On her birthday, she finds herself at her desk drinking waterfrom the refrigerator dispenser, the only beverage available.
12. American Airlines cancels its scheduled flights from London toNew York leaving ticketed passengers stranded.
13. Janay informs her landlord that she intends to move out of herapartment and stop paying rent five months before her lease is dueto expire.
14. The day before class starts Javier decides he really doesn’twant to take a business law class at COD. He withdraws from theclass using MyAccess. His credit card is credited the amount oftuition he had previously been charged.
15. Someone backs into Amanda’s car door while she is at class atCOD. She estimates the repair to cost $1000.00 Her insurancecompany offers to pay her $1000.00 immediately if she agrees itwill be full and final payment for all damages resulting from thisincident. She agrees and accepts the $1000.00.
16. Acme Corporation belatedly sends out invoices for services itperformed five years ago. The recipients don’t pay them becausetheir records don't go back that far.
17. The new lamp Javier purchased from Walmart doesn’t work. Hetakes it back to the store, and they replace it with a new one thatworks.
18. The sump pump that Cristobal purchased from Home Depot for$129.00 last week fails during a downpour. As a result, hisbasement floods, ruining his carpeting and furniture. He demandsthat Home Depot reimburse him $4,000.00 for the cost of replacingthe carpeting and furniture.
19. Retaj fails to pay his cell phone bill on time. He notices anadditional $25.00 charge on his next month’s bill.
20. A private art collector agrees to sell an Andy Warhol paintingto the Art Institute of Chicago, then decides to keep the paintingfor sentimental reasons. The Art Institute of Chicago sues thecollector for breach of contract and asks the court to transfertitle and possession of the painting to the Art Institute ofChicago.