1.Statutory law is created by all but

a)Police officers

b)The Courts

c)Legislature

d)Both A & B

2.The duty that a property owner owes to a trespasser is to

a)Not wantonly and willfully injure him

b)No duty is owed

c)Warn him of danger

d)Make sure he is careful

3.To objectively look at a contract or something related to the law is to:

a)Determine what the reasonable person would do

b)Get to the facts

c)Know the law

d)All of the above

4.Silence

a)May never constitute an acceptance

b)Is involved in a written agreement

c)Usually involves a course of dealings between parties to constitute acceptance

d)None of above

5.A () contract is created when the parties exchange mutual promises to do some future act

a)Unilateral

b)Voidable

c)Void

d)bilateral

6.Which of the following is false:

a)Acceptance of an offer is valid when sent

b)Revocation of an offer is valid when received

c)Consideration is an element necessary to form a contract

d)All contracts need to be in writing

7.One of two types of auctions that exist according to the book are

a)With reserve

b)All in

c)All out

d)Low bid

8.Common law is to Statutory law as

a)Courts are to legislature

b)Divorce is to marriage

c)Life is to death

d)Ordinances are to statutes

9.A contract that is entered into before marriage that spells out the consequences if the marriage should fail is called

a)An alimony order

b)A support order

c)Equitable distribution

d)A pre-nuptial agreement

10.The jury returned a verdict in the amount of $100,000 (one-hundred-thousand-dollars) in favor of the Plaintiff and against the Defendant. The jury also found the Plaintiff 20% at fault for the happening of the accident. The plaintiff will recover

a)$20,000.00

b)$40,000.00

c)$62,000.00

d)$80,000.00