Question
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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