business class
30. Borzosh hires Hasso (a professional painter) to paint her house. They agree on the type of paint to be used, date to paint the house, but they never agree on a price. Once Hasso completes the job, assuming price was never discussed: a. she will be paid a reasonable price, under a theory of implied contract: b. she will be paid a reasonable price, based upon a quasi contract theory: c. she will be unable to collect, since there was no signed contract: d. she will not be able to recover the cost, since there was never an agreement. 31. If the subject matter of the offer is destroyed before the offer is accepted, the offer is considered terminated by operation of law. 32. Landis places an advertisement to sell her car. The ad will be construed to be: a. an offer; b. an invitation to negotiate; c. an option: d. irrelevant. 33. A covenant not to compete is valid provided it is reasonable as to duration and a subject matter, b. consideration; c. geographic scope; d. remedy for breach. 34. A contract entered into by a person who has been adjudicated to be mentally incompetent is: a valid, if the person was lucid at the time they agreed to the contract; b. voidable; c. absolutely void: d. none of the above 35. McCulloch did a favor for Tsymbal last year. When Tsymbal sees McCulloch this year, she promises to pay her $300 to show her appreciation. This is an enforceable promise. TF 36. Glanville purchases a new car for $50,000. When he leaves class, his car will not start. He shouts "the first person who gives me 10 bucks can have this car. Scott hears this, and immediately gives him ten dollars. Scott is now the owner of the car. F 30. Borzosh hires Hasso (a professional painter) to paint her house. They agree on the type of paint to be used, date to paint the house, but they never agree on a price. Once Hasso completes the job, assuming price was never discussed: a. she will be paid a reasonable price, under a theory of implied contract: b. she will be paid a reasonable price, based upon a quasi contract theory: c. she will be unable to collect, since there was no signed contract: d. she will not be able to recover the cost, since there was never an agreement. 31. If the subject matter of the offer is destroyed before the offer is accepted, the offer is considered terminated by operation of law. 32. Landis places an advertisement to sell her car. The ad will be construed to be: a. an offer; b. an invitation to negotiate; c. an option: d. irrelevant. 33. A covenant not to compete is valid provided it is reasonable as to duration and a subject matter, b. consideration; c. geographic scope; d. remedy for breach. 34. A contract entered into by a person who has been adjudicated to be mentally incompetent is: a valid, if the person was lucid at the time they agreed to the contract; b. voidable; c. absolutely void: d. none of the above 35. McCulloch did a favor for Tsymbal last year. When Tsymbal sees McCulloch this year, she promises to pay her $300 to show her appreciation. This is an enforceable promise. TF 36. Glanville purchases a new car for $50,000. When he leaves class, his car will not start. He shouts "the first person who gives me 10 bucks can have this car. Scott hears this, and immediately gives him ten dollars. Scott is now the owner of the car. F
