1. What are the three major sources of contract law, and how do they affect contract law?

2. Define emancipation, and list a few possible reasons for its occurrence.

3. Provide an example of concealment that could rise to the level of fraud. Would it justify rescission of the contract?

4. Compare and contrast contract conditions and contract covenants.

5. How can the breaching party of a contract be made to perform the acts promised in the contract? This remedy would apply for which types of contracts?

6. How is a revocation similar to a counteroffer?

7. What are the elements of promissory estoppel? Provide an example to illustrate them.

8. An aggrieved party can bring to suit a breach of contract any time after the breach has been made." Discuss an argument for or against this statement and provide an example.

9.Frank and Melanie enter into a sales contract for a period of six months. After three months, Frank and Melanie agree to extend the contract for an additional 12 months. In the context of this scenario, discuss the rule that requires this contract to be in writing at the time of modification of the contract.

10. What is parole evidence? Discuss the parole evidence rule and its exceptions.

11. Discuss with an example a situation where a court may permit rescission of a contract based on undue influence.

12. Brook sold Corporation contracts to have Zealent Construction Company build a factory for $4,000,000. Days before the start of construction, Zealent withdraws from the contract. Brook sold invites proposals for the construction and contracts with Sierra Nos Builders for $3,800,000. Can Brook sold hold Zealent liable for nonperformance? What can the company recover as compensation for damages?

13. What is a non compete clause? When is it considered to be lawful?