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Paco Bell & Ashley Group 7 questions QUESTION 1.1 Contracts Choose one 1 point All questions in this group are related to this fact scenario:

Paco Bell & Ashley

Group 7 questions

QUESTION 1.1

Contracts

Choose one 1 point

All questions in this group are related to this fact scenario: Paco Bell, a game design company, is looking for a level designer. Ashley, an adult and graduate of Full Sail, applies for the job.

After acing the interview, she receives an offer to work for 7 months at $3,000 a month. Ashley signs the employment contract without reading it. Is the contract valid?

Yes

No

QUESTION 1.2

Contracts

Choose one 1 point

Can Ashley void the contract before the seven months are up if she gets a better offer for a permanent job from Paco Bell's competitor, BigGames, Inc.?

Yes

No

QUESTION 1.3

Contracts

Choose one 1 point

If, instead of a letter, Paco Bell made the offer in an email to Ashley and she wrote back that she would be happy to start on Monday, would that email exchange make a valid contract?

Yes

No

QUESTION 1.4

Contracts

Choose one 1 point

If, instead of a letter, Paco Bell called Ashley and made the offer and she responded, "Let me think about it overnight," do they have a binding contract?

Yes

No

QUESTION 1.5

Contracts

Choose one 1 point

If, in response to Paco Bell's offer, Ashley responds, I will accept your offer if you make the pay $4000 a month. Ashley has made a(n):

Acceptance

Revocation

Counteroffer

QUESTION 1.6

Contracts

Choose one 1 point

In the letter, Paco Bell promised to pay Ashley, but Ashley doesn't have to pay any money to Paco Bell. Is there adequate consideration on Ashley's part to form a valid contract?

Yes, her consideration is agreeing to provide her services

No

QUESTION 1.7

Contracts

Choose one 1 point

If Ashley is a 17 year old prodigy (in state where the age of majority is 18) at the time she signed the letter, and got a better offer from BigGames, Inc., the next day, could she get out of the Paco Bell agreement?

No, it is a binding contract

Yes, she has the option to void the contract

QUESTION 2

Statute of Frauds

Choose one 1 point

Pursuant to the Statute of Frauds, all of the following contracts would have to be in writing to be enforceable except:

An agreement to pay the debts of another

An agreement for the purchase of real estate

An agreement for services costing $350

An agreement that takes longer than one (1) year to complete

QUESTION 3

Assignments

Choose one 1 point

Pursuant to rules regarding assignments, which of the following contracts cannot be assigned?

A contract with no assignment restrictions

A professional athlete's endorsement contract

A contract to build a driveway

A real estate contract

QUESTION 4

Termination

Choose one 1 point

Contracts can be terminated in all of the following ways except by:

Agreement

Operation of law

Throwing a tantrum

Breach

QUESTION 5

Impossibility

Choose one 1 point

A contract that becomes impossible to perform is:

Void

Voidable

Frustrated

Breached

QUESTION 6

Contracts

Choose one 1 point

If a contract becomes economically burdensome, it may be cancelled for:

Breach

Commercial impracticability

Fraud

QUESTION 7

Parties

Choose one 1 point

A person who is not a party to a contract but who is intended by the parties to benefit as a consequence of a contract is a(n):

Third party beneficiary

Incidental beneficiary

Guarantor

Trustee

QUESTION 8

Breach

Choose one 1 point

Christian and Anastasia enter into a contract in which Christian agrees to pay Anastasia to construct a game room in his house. Which of the following would not be a breach of that contract?

Anastasia completes half of the room and then refuses to complete the rest.

Anastasia completes the entire room except for installing the fancy door knobs on the door.

Anastasia completes the room three months over schedule.

Anastasia uses cheap tiles from Home Depot rather than the specialized tiles from Italy that were specified in the contract.

QUESTION 9

Completion

Choose one 1 point

If a party has largely completed the terms of a contract and only small details remain unfinished, that party may seek to be compensated under the doctrine of:

Substantial performance

Performance by tender

Performance by mutual agreement

QUESTION 10

Remedies

Choose one 1 point

If a party sues for breach of contract, all of the following are remedies the party could request from the court except:

Specific performance

Injunctive relief

Monetary damages

Mitigation

GROUP 11Ted and Martha

Group 2 questions

QUESTION 11.1

Legal Theories

Choose one 1 point

Ted and Martha have a written contract in which Ted agreed to plant landscaping around Martha's home within 7 days for $1,000. Ted claims that Martha orally agreed to pay him an extra $250 if he finished early.

The rule which requires that Ted and Martha's contract be in writing is known as:

Statute of Frauds

Parol Evidence Rule

QUESTION 11.2

Legal Theories

Choose one 1 point

The rule which prevents Ted from presenting the parties oral agreement which contradicts the written contract is known as:

Statute of Frauds

Parol Evidence Rule

GROUP 12Taylor and Rachel

Group 2 questions

QUESTION 12.1

Competency

Choose one 1 point

Taylor, age 23, entered into an oral contract with Rachel for the construction of a backyard barbecue for a fee of $300. The work was completed in two weeks, as agreed. Are the parties competent?

Yes

No

QUESTION 12.2

Mutual agreement

Choose one 1 point

Is there mutual agreement between Taylor and Rachel?

Yes

No

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