Question
I do not need explanations. I need only the answers as soon as possible. These questions might be easy for you, but not for me.
I do not need explanations. I need only the answers as soon as possible. These questions might be easy for you, but not for me. Thank you so much for helping me. And I really need your help.
1.Professor Horn states "I plan to sell my stock in Starbucks for $20 per share." Clueless Clark tenders the money for 200 shares, but Horn refuses to sell. In a suit for breach of contract the result will likely be
- victory for Horn because she is the goddess of contracts
- victory for Clueless Clark because Horn should have known he lacked capacity
- victory for Horn because there was no offer
- victory for Clueless Clark because the law of contracts is strictly applied against snotty lawyers
- victory for Horn because the acceptance was not valid
2.Billy Bob Bubba is eighteen and has a fondness for race cars and beer. His wealthy uncle, Count Chocula, is concerned about Billy Bob and offers to pay him $10,000 if he will refrain from drinking beer and racing cars until he is 21. Billy Bob complies. In a suit to enforce the contract, a court would likely find
- contracts to refrain from drinking beer are against public policy
- there was no consideration
- the consideration was a forbearance
- there was no consideration because Billy Bob promised nothing
- there is insufficient information to determine if there was consideration
3.The law firm Dewey, Screwem & Howe has an oral agreement to sell Ted Turner some prime swamp land in Florida. Which of the following is true?
- there is no contract because the agreement is not in writing
- the contract is unenforceable
- the contract is voidable
- Ted Turner only buys land in Montana
- the contract lacks consideration
4.Barbara Walters plans to marry her 22 year-old cabana boy but will protect her assets (in case he runs away with the chamber maid) with a prenuptial agreement. The agreement
- is not valid unless it is in writing
- is not a contract
- is against public policy
- is not enforceable unless it is in writing
- makes Cabana Boy an incidental beneficiary
5.If a contract is void
- no contract exists or there are no legal obligations
- one party has the option to avoid it
- the contract exists, but cannot be enforced
- it violates the parol evidence rule
- it has been breached
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