Elements of a contract
proximate cause - to be liable, this type of harm must have been forseeable injury - no injury no case for compensation assumption of the risk a person who voluntarily enters a situation that has an obvious danger cannot complain if she is injured this rule applies to a situation where the danger is well-known and the participant chooses to be present strict liability some activities are so dangerous that the law imposes a high burden on them. This is called strict liability defective products - may incur strict liability ultra hazardous activities - defendants are virtually always liable to harm what is ultrahazardous? - includes using harmful chemicals, explosives and keeping wild animals plantiff does not have to prove a breach of duty or foreseeable harm introduction to contracts contracts exist to make business matter more predictable agreement - make a valid offer consideration - bargaining that leads to an exchange between parties legality - the contract must b...
