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multiple choice question 53. E-Business, Inc. files a suit against Federated Financial Corporation, asking the court to enforce an oral contract between the parties under

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53. E-Business, Inc. files a suit against Federated Financial Corporation, asking the court to enforce an oral contract between the parties under the doctrine of promissory estoppel. This doctrine applies in a. all states. b. no states. c. one state. d. some states. 54. Trey and Unice orally agree on the sale of Trey's Health Club to Unice and note the terms on a sheet of the club's stationary, which Trey signs. This agreement is most likely enforceable against a. neither Trey nor Unice. b. Trey and Unice. c. Trey. Unice. C osas 55. Jen agrees to buy Kev's Dirt Bike business on the express condition that Valley Credit Union approves the financing. This approval is a. a condition precedent. b. a concurrent condition. c. a condition subsequent. d. an implied condition. 56. Commercial Construction, Inc. (CCI), contracts to build a store for Rita's Pizza Company with Rita's payment due on June 1. On June 1, Rita's bank is closed, and for this reason, Rita's claims it cannot pay on time. In this situation a. CCI is in breach of contract. b. Rita's is in breach of contract. c. the contract is discharged. d. the contract is suspended

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