Chapter 5

Coversheet 5 coversheet

PowerPoints (lecture series are to big for website, students need to get them from shared drive) 5.1 is in the !student shared drive and 5_2 Lecture Series

Student workbook pages (SWB) 5 SWB chapter 5

Student notes 5 notes

Chapter Summary Form

Textbook (chapter 4, 5, 6) Textbook unit 2 chapter 4_5_6

Article “Old Enough to Vote”


5.1 What you’ll learn:

  • Access contractual capacity
  • Explain the statute of frauds and the parol evidence rule
  • List minors’ contractual rights and responsibilities
  • Define legality and illegality

Understanding legality and capacity will enable you to access and interpret contracts correctly

5.2 What you’ll learn:

  • Analyze the requirements for valid consideration
  • Define the different types of consideration
  • List exceptions to the requirements of consideration
  • Compare unconscionability and illegality

Understanding the concept of consideration will help you make sure that contracts you enter into are valid