Question
1. In rare situations, a court may impose an __________ or __________ contract when necessary to prevent unjust enrichment. a. implied-in-fact; quasi- b. implied-in-law; bilateral
1. In rare situations, a court may impose an __________ or __________ contract when necessary to prevent unjust enrichment.
a. implied-in-fact; quasi-
b. implied-in-law; bilateral
c. implied-in-fact; unilaterald
d. implied-in-law; quasi-
2. If a mentally incompetent person is unable to understand the purpose and effect of a contract but has not been legally adjudged insane, the __________.
a. competent party has an absolute right to rescind the contract upon discovering the other partys incompetence
b. impaired party would not be able to declare the contract voidable due to his incompetence
c. impaired party has entered into a contract that is rendered void due to his impairment
d. impaired party would have to pay the reasonable value of any necessaries received under the contract
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