answer the following question true or false:

this is business law not finance

* Cowes 5100 to B. A orally promises B that he will pay off C's debt if I will promise to refrain from suing C. D agrees. A's promise is enforceable. 30. A orally promises to sell Blackacre to B immediately, in return for B's promise to pay $1.000 year to A for the next fificen years. O moves into possession of Blackacre, makes improvements. and pays $1.000 a year for three years. A now purports to evict him for A wishes to sell the prop- erty to C. B can successfully resist In general, a responsive pleading cannot raise the Statute of Frauds; it must be affirmatively pleaded or it is waived. 32. Ir the parties intended their written contract to be a final and complete expression of their agree ment, the parol evidence rule will esclude both prior oral and written agreements that vary the written agreement. 33. Parol evidence is admissible to show defects in formation. 34. A offers to sell his bicycle to D for $150. B refuses to accept. A strikes B until B accepts. The con tract is void. sells his optometrist's business to B for $30,000. B extracis a promise from A that A will never compete in the optometrist business at any geographical location within four miles or the business which he has been sold. Six years later, A docs so compete. B may restrain him. 36. A hires B to kill C for $1.000. B tills C. A must pay B. 37. B. age 13. buys necessary clothing from S. B subsequently disaffirms the contract. S may never- theless bind the minor for the reasonable value of the clothes. 38. B enters into an oral contract to buy goods from S for $1.000. When S seks payment for the soods, Brefuses to pay because the contract is within the Statute of Frauds. Bowes 5 nothing. 39. B. believing she is buying an original painting, offers S S5,000 for it. S accepts, knowing that the painting is a copy worth SSO. Bowes S S5,000. 40. The non-occurrence of a condition precedent is a breach of contract giving rise to positive reliel. 41. Builder enters into a contract with Owner requiring the personal satisfaction or owner." Owner may be unsatisfied for any reason. 42. A agreed to build a house for B for $20,000. A builds the house strictly according to the specifica- tions, except that he has used Brand X bricks around the fireplace, instead of Brand Y bricks. which were called for by the contract. There is no difference in quality or appearance between Brand X and Brand Y, and they are both the same price. However, since A has deviated from the contract. B refuses to pay him the contract price. A sues for the contract price less nominal damages. A will win. Tenant signs the following agreement: "It is a condition of the lease that rent be paid the first of the month. Failure to comply will result in eviction." Landlord accopus rent on the birth of the month for the past two years. When Tenant tenders rent on the th of the month. Landlord seeks to evict because of Inic payment. Landlord will win. 44. A contract may be discharged by mutual recision 45. A owes B S1.000. Subsequently. A promises to give 8 a painting worth $850 in full satisfaction or the debt. B accepts. Upon delivery of the painting, B sues A for an additional S150, a will lose. 46. A agrees to pay B S500 by September 1 ir B paints A's house. B paints the house. On August 20. A tells B that he doesn't have the money, but that he can give Bu sofa. B agrees. A does not tender the sofa. B can sue A only for the sofa. 47. A owe B $100. A, B, and C meet at A's house. Coffers to pay the S100 owed by Airs will agree to relieve A of all liability. B agrees C subsequently fails to pay the S100 as agreed. B then sues A on the original debt. will win. 15. Send enter into a contract whereby S is to deliver good to B by June 1. On May 20, tells B that he will not deliver the goods. B must wait until June 1 to bring a suit for breach. A promises in writing to sell Blackacre to B for $5.000, the actual conveyance to take place on December 1. On November 1, Asells the land to C. In all jurisdictions, B would be able to sve A based on prospective inability to perform 50. A contracts with B for the sale of a prite horse. Before delivery, the horse dies. The contract is discharged. 51. A agrees to print programs for a carnival to be held on September 1. Before the programs have been printed, the carnival is cancelled. Thic order to print la cancelled. A has an action for breach of contract Bagrees to buy S's choir for 530. Subsequently, S agrees to sell the chair for 33. may not buy the chair for sis beenuse there is no consider mon in support s's promise