Question
1.Alex works as a doctor at a hospital.His boss is named Izzie.True or False:Alex's promises to Izzie that he will keep doing his job, which
1.Alex works as a doctor at a hospital.His boss is named Izzie.True or False:Alex's promises to Izzie that he will keep doing his job, which he is already contractually obligated to do, in exchange for an additional $10,000 is adequate consideration.
True
False
.
. 2
1.James, age 37, has recently purchased a new car.He paid a $10,000 down payment, and he signed a contract which obligates him to pay $427 per month for 60 months.The interest that James is being charged on the loan is a legally permissible amount under state law.The monthly payments that he must pay for 60 months are:
An unenforceable debt
An unliquidated debt
An illegal debt
A liquidated debt
.
. 3
1.Dolly and Kenny did not have a valid contract in place.Depending on the circumstances, it is possible, that Dolly may be able to use:
Promissory Estoppel
Quasi Contract
Either of the listed remedies
Neither of the listed remedies
.
. 4
1.Sam and Casey entered into a contract with one another.The contract included a statement that read:"This Contract is the full and final expression of the parties."This statement is an example of:
A completeness clause
An integration clause
Parol evidence
The parol evidence rule
.
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