1.Sheila, 17, is an Army PFC.She enters into a contract to buy a new car.After three months she wants to get out of the contract.If she goes to court

ashe can disaffirm the contract

bthe court will rescind the contract

cthe court will rule against her

dnone of the above

2.John, 16, enters into a contract to buy state-of-the-art sound equipment.On his way home his car is sideswiped and the equipment is destroyed.The seller sues John to enforce the terms of the contract.The seller will

awin

blose

3.A youngster (10-year old) is injured after buying a ticket to see arodeo when a contestant is thrown from a bull into the crowd.The ticket has a hold-harmless waiver for injuries to spectators.The court will not enforce the waiver against the child.

Group of answer choices

True

False

4.A pool company has a contract to build a pool.Excavation is halted when the company encounters granite.The company asks for additional sums.The homeowner agrees to pay it.The issue here involves

aoffer

bacceptance

cconsideration

dcapacity

5.Elements of a contract include offer, acceptance

aconsideration

bcapacity

clegality

dall of the above

6.Capacity to contract raises the issues of

aage

bmental competency

cboth a and b

dnone of the above

7.There are several contractual issues in the following example.But what is the key issue that the case will turn on?Example: Juan offers Jaime $5,000 for his car.Jaime says he'll think about it.Two days later Jaime calls Juan to say OK but Juan tells him he bought another car.Jaime sues Juan.

aoffer

bacceptance

crevocation

dnone of the above

8.Liquidated damages are

acapable of quantification

bincapable of quantification

cinclude rescission

dinclude injunction

9.A child actress wants to get out of a contract she made without court approval.She is

afree to do so

bprecluded from doing so

csubject to her parent's decision

dnone of the above

10.Jenny, 16, married Tom, 18, and they signed a year's lease on an apartment.Jenny leaves Tom after a month, they stop paying rent, and he moves back home with his parents.The landlord will win

ahis cause of action for breach of contract against Jenny only

bhis cause cause of action for breach of contract against Tom only

chis cause cause of action for breach of contract against Jenny and Tom

dnone of the above