1.Adequacy of consideration implies that the court ____________ the value of the bargain.

A.confirms

B.requests more evidence

C.does not evaluate

D.rejects

2.The offer is given by the offeror to the _______________.

A.offeree

B.guarantee

C.borrowee

D.customer

3.A quasi-contract is a contract that

A.clearly spells out the terms in either written or spoken words.

B.requires no consideration to be legal.

C.arises from the conduct of the parties.

D.is imposed by court to prevent unjust enrichment.

4.Consideration must be given before the promise is made.

A.True B.False

5.Consideration must be ______________.

A.involving real property

B.an exchange of money

C.given by the offeror but not the offeree

D.the product of a bargained-for exchange

6.Under ____________, an acceptance is valid at the time it is placed in the mailbox.

A.section IV of the UCC

B.the illusory rule

C.section VI of the UCC

D.the mailbox rule