A. What title of the South Dakota statutes is entitled “Contracts”?
a. SDCL 52 (example: SDCL 10)
B. What is the definition of a contract in this South Dakota?
a. A contract is an agreement to do or not to do a certain thing.
b. SDCL 53-1-1
C. What are the essential elements of a contract in South Dakota?
a. Parties capable of contracting;
b. Their consent;
c. A lawful object; and
d. Sufficient cause or consideration.
e. SDCL 53-1-2
D. What is the definition of an express contract in South Dakota?
a. An express contract is one, the terms of which are stated in words.
b. SDCL 53-1-3
E. What is the definition of an implied contract in South Dakota?
a. An implied contract is one, the existence and terms of which are manifested by conduct.
b. SDCL 53-1-3
F. What persons are capable of making a contract in South Dakota?
a. All persons are capable of contracting except minors, persons of unsound mind, and
persons deprived of civil rights.
b. SDCL 53-2-1
G. Can a valid contract be created in South Dakota without identifying the parties to the
contract?