Question
please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the chosen option
please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the chosen option is right and why other options are wrong. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.
ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.
Make sure all the options whether correct or incorrect are explained properly. Dont just tell what option is correct and its reasoning clearly show the reasoning why the options are incorrect as well. Otherwise i will report the answer for sure and downvote it.
QUESTIONS:
1.-For most contracts, the remedy at law will be __________.
Multiple Choice
substantial performance
money damages
specific performance
equity
2.-Which of the following is true regarding specific performance?
Multiple Choice
One of the most common circumstances in which it is awarded is in real estate contracts.
It is available as a remedy even when an award money damages would adequately compensate the non-breaching party.
It is commonly available in a sale of goods case.
It is available as a remedy only when the subject matter of the contract is quite common.
3.-If contracting parties perform their obligations completely, this is known as __________.
Multiple Choice
substantial performance
detrimental reliance
equitable estoppel
4.-What type of damages compensate the nonbreaching party for foreseeable indirect losses not covered by compensatory damages?
Multiple Choice
Consequential
Punitive
Nominal
Liquidated
5.-suppose that Felix promises to pay Isaac $3,000 to pick up a box in Oregon and transport it to Felix in Alabama, and Isaac agrees to the terms of the deal. Unbeknownst to Isaac, the box contains marijuana, and upon receipt, Felix plans to sell the marijuana in Alabama. Marijuana is legal in Oregon, but it is illegal in Alabama, both for medicinal and recreational use. If Isaac refuses to perform his obligations required by this arrangement:
Multiple Choice
he is not liable to Felix for breach of contract, since the contract is voidable at Isaac's discretion.
he is not liable to Felix for breach of contract, since the contract is void.
he is liable to Felix for breach of contract if Alabama legalizes marijuana within one (1) year from the date the agreement was made.
he is liable to Felix for breach of contract, since at the point of origin (Oregon), marijuana is legal.
6.-Riots, threats of terrorism, fires, earthquakes, wars, and embargoes are often mentioned in __________ clauses as events that will discharge the duties of the parties.
Multiple Choice
commercial impracticability
right of first refusal
frustration of purpose
force majeure
7.-Thomas, an attorney, enters into a contract of representation with Cybil to represent her in a probate matter. Which body of law applies to this contract?
Multiple Choice
Article 2 of the Uniform Commercial Code (UCC)
Federal common law
State common law
Article 3 of the Uniform Commercial Code (UCC)
8.-Every contract is premised on the notion of __________ dealing.
Multiple Choice
commercial
wholesale and retail
unilateral
good faith
9-.When one party uses unequivocal language to repudiate a contract, the other party may __________.
Multiple Choice
file suit immediately
file suit after expiration of the applicable statute of limitations period
recover damages for intentional infliction of emotional distress
recover treble (triple) damages
10.-A court order to refrain from performing a particular act is known as __________.
Multiple Choice
reformation
renunciation
injunctive relief
nullification
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