A) True or False

Joe and Mick are partners and discover, shortly after they start working together, that their joint venture agreement will not work as they originally intended. Mick's attorney says that unless they can settle the matter between them, an action for rescission and restitution will help decide who gets what.

B) True/False

Uncle Morty has a nephew who has become rich from his patented graphic designs. Uncle Morty persuades his nephew to buy a ramshackle mansion that Morty owns at 50% above market value. This is dodgy, but not undue influence.

C) Eric refuses to pay Ernie $50,000 on their contract to repair the art deco stucco on Eric's California bungalow. Once Ernie has performed the work, he will have the right to a mechanic's lien on his work if he

a. records the contract with the appropriate Clerk of Court.

b. makes a copy of the contract and publishes it in the newspaper.

c. sues the supplier of the stucco as well as Eric.

d. acts within thirty days to sue Eric.

D) True/ False

When Si, a produce supplier, breaches a contract for a sale of goods, knowing the buyer, Rich, plans to resell (at a profit) the goods to area restaurants, where Rich has numerous personal contacts, Rich can recover the profits he would have earned from the planned resale.