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. A person enters into a contract with another by writing the terms of the contract on a notepad. Is this a valid contract? Does the law accept writing on the notepad as a proof of that contract? 

4. Discuss a situation where a legal right can be assigned to a third party, and provide an example.

5.  "A non breaching party can sue the breaching party without making efforts to reduce the damages caused by the breach of contract." Discuss this statement and provide an example.

6.  Explain, in brief, express terms and their significance.

7. List the four ways in which an offer can be terminated by operation of law, and explain them in brief. 

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. Mary purchases a skirt thinking that it is a silk skirt. In truth, however, it is a satin skirt. When she discovers that it is not a silk skirt, she tries to return it and get her money back. What kind of mistake has Mary committed? Can she be excused from the contract? 

10. The Statute of Frauds requires that any contract that transfers an ownership interest in real property must be in writing to be enforceable. Discuss some other contracts that transfer an ownership interest in land and must be in writing under the Statute of Frauds. 

11. Discuss with examples the difference between mutual mistake of a material fact and mutual mistake of value.

12. What are the consequences of a breaching party refusing to pay the judgment on a breach of contract?