1.Contracts for the sale of goods above $500 must be in writing to be enforceable

True/false

2.Which of the following is not a factor to consider when deciding on a business form?

a.Liability

b.Control

c.Management style

d.Taxes

3.In deciding whether or not cannibalism is right, Sidney thinks that it is fundamentally immoral to disrespect human life by consuming other humans.Sidney's reasoning is an example of which philosophy?

a.Deontology

b.Utilitarianism

c.Egoism

d.Relativism

4.An elementary school custodian struck a teenager who wrote graffiti on the schools wall. Is the school district liable for this employee's intentional tort?

a.Yes the school district is liable for the torts of its employees on the job

b.No the school district cannot be liable in this scenario

c.Yes the school district is liable if the custodian intended to serve some purpose of the school when he struck the student

d.No the school district is not liable because the custodian was not instructed to strike the student

5.If both parties to a contract are operating under a false assumption, the contract may be voided due to mutual mistake?

True/false

6.When a party who does not understand a contract due to heavy intoxication enters s contract, this contract is considered

a.An unenforceable agreement

b.A unilateral contract

c.A voidable contract

d.A void agreement