A promise or committment usually is:

Question 1 options:

	implied
	express
	referring to something in the past
	both choice 1 and 2

Question 2 (3 points)

The law uses a subjective test to determine if the parties created a contract.

Question 2 options:

	True
	False

Question 3 (3 points)

The Uniform Commercial Code is applied to all Contracts.

Question 3 options:

	True
	False

Question 4 (3 points)

Saved

The UCC is not a statute. It is considered a secondary authority.

Question 4 options:

	True
	False

Question 5 (3 points)

A judge who disagrees with the reasoning of the majority of the judges but agrees with the result will write a

Question 5 options:

	majority opinion
	concurring opinion
	plurality opinion
	dissenting opinion

Question 6 (3 points)

The offeror creates which option(s) for the offeree...

Question 6 options:

	accept the offer
	reject the offer
	make a counteroffer
	All of the above.

Question 7 (3 points)

The principle that a judicial decision creates a rule of law, binding upon later cases with similar facts, is known as the doctrine of precedent. (in latin, Stare Decisis).

Question 7 options:

	True
	False

Question 8 (3 points)

Under common law when the acceptance must correspond exactly with the offer this is called the ________ ________ rule.

Question 8 options:

	mirror image rule
	ribbon matching rule
	none of the above
	both choices 1 and 2

Question 9 (3 points)

An option must contain its own consideration, separate from the underlying exchange.

Question 9 options:

	True
	False

Question 10 (3 points)

The doctrine of promissory estoppel serves as substitute for consideration in creating an enforcable option.

Question 10 options:

	True
	False

Question 11 (3 points)

Consideration is something of legal value that must be given by each party in exchange for what was promised or given by the other.

Question 11 options:

	True
	False

Question 12 (3 points)

Under the Constitution, which branch negotiates treaties?

Question 12 options:

	legislative
	executive
	judicial
	the State Department

Question 13 (3 points)

A prior detriment or a detriment suffered before a promise or contract was made is considered valid consideration.

Question 13 options:

	True
	False

Question 14 (3 points)

A Quasi-Contract is a contract implied by law.

Question 14 options:

	True
	False

Question 15 (3 points)

The four corners approach to interpreting a contract means that the court will look for meaning outside the four corners and look for extrinsic evidence of meaning.

Question 15 options:

	True
	False