. 20

1.Gwen and Taylor entered into an agreement which expressly stated all of the important terms regarding an upcoming concert where they were scheduled to perform.This can best be described as:

An Illegal Agreement

A Void Agreement

An Implied Contract

An Express Contract

.

. 21

1.Tommy and Richard have been friends for many years.Tommy promised to pay Richard $1,000,000 to thank Richard for being his friend for the last 20 years.True or False:Tommy's promise is adequate consideration to make an enforceable contract.

True

False

.

. 22

1.Sean is selling a "medicine" that he claims can cure coronavirus in people that have tested positive for the virus.Andrew has tested positive for the virus, and he has purchased this "medicine" from Sean.Andrew's condition has actually worsened since he started taking the medicine, and now Andrew would like to sue Sean for fraud.In order to win his fraud claim, Andrew will have to prove:

Intentional or reckless misrepresentation of fact

Materiality

Justifiable reliance

Andrew must prove all of these in order to win his fraud claim

.

. 23

1.A contract for an illegal purpose is:

Unenforceable

Legally enforceable

Voidable

Void

.

. 24

1.Piper and Suzanne entered into an employment agreement.Piper agreed to work as Suzanne's personal assistant for two years.Piper and Suzanne both signed the written agreement.Piper signed the agreement by making a smiley face with her initials underneath it.True or False:Piper's use of a smiley face and her initials would be an adequate signature under the statute of frauds as long as Piper intended for it to indicate acceptance.

True

False