Question
1.If the subject matter of a contract turns out to be more valuable than one of the parties believed it woud be, that party can
1.If the subject matter of a contract turns out to be more valuable than one of the parties believed it woud be, that party can be executed from the contract True or False
2.Maya and Nick enter into a verbal contract. To be enforceable, the contract must include
A.The signature of the party against whom enforcement is sought
B.The signatures of both maya and nick
C.Verbal contracts can not be enforceable
D.No particular signatures
1.Builders Corporation files a suit against concrete company to enforce a written contract. If the court finds that the parties intend the contract to be final statement of their agreement, parol evidence
A.Can be used to prove terms were discussed before the contract but not contained in it
B.Can be used to prove terms discussed at the same time of the contract that contradict the written terms
C.Is inadmissible
D.Can be used to prove an orally agreed on condition precedent
3.Faye makes and sells furniture. Faye and Glenn enter into a contract for the delivery of fayes products to Glen's gear retail locations for which he agrees to pay the invoiced price. Faye transfers her duty to deliver those products to Haulers Trucking Company. This transfer is
A.And assignment
B.A third party beneficiary contract
C.A delegation
D.Alienation
4.John enters into a contract with Katies Coin- op laundry to move a suite of dryers from one of Katies locations to another. John subsequently transfers this duty to Loren. Kathies Coin op is
A.An assignee
B.An obliger
C.An oblige
D.A delegate
5.Lestor and Maryelise enter into a contract. Lestor agrees to mow Maryelise yard every week for the summer. Lestor is
A.The oblige
B.The assignor
C.The assignee
D.The obligor
6.Rachel and stuartenter into a contract for the sale of Rachel's textbook at the end of the fall semester for which stuart agrees to pay $75. Rachel wants to transfer right to payment for the book to Terry . This transfer is
A.A delegation
B.A third party beneficiary contract
C.An alienation
D.An assignment
7.Revenue & sales corporation and great software inc enter into a contract for the design of custom software for which revenue & sales agrees to pay $64500. Great software transfers that right to payment under the contract creditline llc great software is
A.An assignor
B.A delegate
C.A third party beneficiary
D.An assignee
8.IIlya owes Jenny $1000, in a separate deal, Kasey owes Illya $1000. Illya unconditionally assigns his rights in the dealwith Kasey to Jenny, Jenny's right to $1000 is
A.Unchanged but may now be collected from casey
B.Extinguished
C.Assigned to court
D.Incidental
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