Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 Ambrose enters into a contract to buy Monk's Winery. If Monk breaches the contract by refusing to deliver the title to the property,

Question 1

Ambrose enters into a contract to buy Monk's Winery. If Monk breaches the contract by refusing to deliver the title to the property, Ambrose's best remedy to get the property is

Select one:

a. The amount Ambrose expected to invest in the project.

b. Specific Performance.

c. Reformation.

d. An injunction.

Question 2

Rancher Rudy purchased five backhoes from Farm Supplies, Inc., but received five handcarts instead. Under Article 2 of the UCC, Rudy

Select one:

a. must inspect the shipment within a reasonable time.

b.may reject the shipment because he received non-conforming goods.

c.must accept the shipment because he accepted delivery.

d.Both A and B.

Question 3

Dr. Rinke is a jeweler with a PhD in fine arts. As a favor to his friend Bette, he appraises her diamond ring for $1500 then buys it from her. In fact, he knew the jewelry is worth $15,000,000. Which of the following is true?

Select one:

a.The court might find that Bette received "shockingly inadequate" consideration and review the contract for fraud.

b.Bette can do nothing because she had freedom to contract.

c.The court might find that Bette received "shockingly inadequate" consideration and review the contract for undue influence.

d.The court does not care about the adequacy of consideration that Bette received.

Question 4

On Monday, Monahan accepts a job at Acme for $50,000 per year. He is to begin work on Friday. On Tuesday, Acme informs him they cannot hire him. Which of the following is true?

Select one:

a.Acme will breach the contract on Friday if they refuse to hire Monahan.

b.Monahan will breach the contract if he fails to come to work on Friday.

c.Neither breached the contract because there is no contract until Friday.

d.Acme breached the contract on Tuesday.

Question 5

Amazone purchases Partial Foods, a large grocery store chain. As part of the contract, Amazone must replace Partial Foods on all of its existing contracts with landlords, utility companies, and suppliers. This is...

Select one:

a. Restitution.

b. An accord & satisfaction.

c. A condition.

d. A novation.

Question 6

After Discovery, but before her age-discrimination trial against Ford Motor Company begins, Gretchen files a motion asking the court to rule in his favor because there are no facts in dispute. This is a

Select one:

a. Motion for Judgement Notwithstanding the Verdict.

b. Motion to Dismiss.

c. Motion to Compel.

d. Motion for Summary Judgment.

Question 7

Ahab contracts to purchase a whaling ship from Moby, to be delivered on May 1. On March 1, Moby tells Ahab he can't build (or deliver) the boat. Ahab

Select one:

a. Must wait until his actual damages are determined before he can sue.

b. Must wait until May 1 to see if Moby will or will not perform, before he can sue for breach of contract.

c. Can sue Moby immediately for breach of contract.

d. should file for bankruptcy and ask the court to discharge his debt to Moby.

Question 8

To prepare for a trial between Dapper and Kylie, Kylie's lawyer places Dapper's business manager Kanye under oath and asks him questions. A court official makes a record of the conversation. This is...

Select one:

a. a Deposition.

b. not permitted because he is neither a Plaintiff nor a Defendant.

c. an Interrogatory.

d. a Subpoena.

Question 9

After having a few beers, Archie and Veronica sign a contract for the sale of Archie's car. They spent 45 minutes negotiating the terms of the contract, including the sale of new tires. The next morning, Archie claims he didn't really intend to sell his car. If Veronica sues him,

Select one:

a.The court will greater weight to Archie's testimony at the trial.

b.The court will give greater weight to Veronica's intent than to her behavior at the time of the sale.

c.The court will give greater weight to Archie's intent than to his behavior at the time of the sale.

d.The court will give greater weight to Archie's behavior at the time of the sale.

Question 10

Bowie enters into a contract to purchase three custom made guitars from John, but John sends him cheap reproductions. Which of the following is true?

Select one:

a.John is discharged because he fully performed his duties under the contract.

b.John substantially performed the contract.

c.John is discharged because a condition was not met.

d.John materially breached the contract.

Question 11

During the pre-trail phase of Harry's lawsuit against Dumbledore, Harry wants to see certain e-mails between Dumbledore and the Ministry of Magic that had been deleted. Dumbledore objects. Which of the following is true?

Select one:

a. The meta data is not discoverable because the information was already deleted.

b. Meta data is discoverable.

c. It doesn't matter if the meta date can be produced for Harry. The emails are hearsay and will never be admitted into evidence at the trial.

d. The meta data cannot be produced because it was deleted by magic.

Question 12

Joelle promises his girlfriend that he'll give her a ruby necklace on her birthday. If he does not,

Select one:

a.She can sue him based on quasi contract because she was unjustly enriched.

b.She cannot sue him for breach of contract because she did not offer consideration in exchange for the necklace.

c.She can sue him for breach of contract because he broke his promise.

d.She cannot sue him for breach of contract because she did not rely on his promise.

Question 13

Burger King enters into a contract with Old McDonald to purchase beef, as long as the cows are grass fed. If the cows are fed oats

Select one:

a. Burger King must pay because Old McDonald substantially performed.

b. Burger King is discharged from the contract because the condition was not met.

c. Old McDonald is discharged from the contract because of unforeseen difficulties.

d. Burger King must pay because he entered into a valid contract with Old McDonald.

Question 14

Tweedle Dee loans $1000 to Tweedle Dum, who fails to repay. After four years, which is the statute of limitations in their state, Tweedle Dum sends Tweedle Dee an apology and a partial payment. Which of the following is true?

Select one:

a. The statute of limitations has passed and Tweedle Dee can no longer file an action for beach of contract.

b. After 4 years the contract cannot be enforced because it is now illegal.

c. Tweedle Dum reinstated the debt when he apologized and made a payment.

d. There is no statute of limitations in breach of contract cases.

Question 15

Ivanka promises to pay her daughter Donna $15,000 if she obtains her degree at Ivy League University, where she is currently in her second year, instead of dropping out and becoming a barista. Donna graduates but Ivanka refuses to pay. Which of the following is true?

Select one:

a. Ivanka is required to pay if Donna relied on her promise and obtained a degree at Ivy League.

b. Ivanka is not required to pay because obtaining a degree benefits Donna.

c. IIvanka is required to pay because a job can be hard to find after college.

d. Ivanka is not required to pay because Donna was already a student at Ivy League.

Question 16

Microsoft hires Dilbert for $75,000 a year. As part of his salary, Microsoft will allow Dilbert to purchase 50 shares of stock at "today's price, starting in three years." This is

Select one:

a. An output contract.

b. An option contract.

c. A requirement contract.

d. A unilateral contract.

Question 17

Mary hires Peter&Paul Construction to build a $2 million house. Mary has specific requirements. One is that the windows must be tinted. When the house is finished, everything is exactly as Mary required except the windows are not tinted. Peter&Paul Construction's performance is

Select one:

a. A material breach.

b. A quasi contract.

c. An unjust enrichment.

d. Substantial.

Question 18

Todd Toddler falls into Harambe-the-Gorilla's exhibit at the zoo. Samantha Samaritan leaps over the fence and rescues him. Todd's mother is so grateful she promises Samantha $1,000 for life. Samantha graciously accepts. Ms. Toddler's promise is

Select one:

a. Enforceable because of an unforeseen difficulty.

b. Enforceable because a promise is always enforceable in court.

c. Unenforceable because past consideration is no consideration.

d. Unenforceable because she had a pre-existing duty to complete the contract once Samantha accepted.

Question 19

Leticia contracts to buy pretzels from Perry, who knows she will be selling them at the summer Olympics in Japan. When Perry fails to deliver the pretzels, which of the following is true?

Select one:

a. Leticia can sue him for lost profit, which was foreseeable because he knew of her plans to sell the pretzels at the Olympics.

b. Leticia cannot sue him for lost profit even though he knew of her plans to sell the pretzels at the Olympics.

c. Leticia can sue him for liquidated damages even though it was not included in their contract.

d. Leticia can sue him for punitive damages because he knew of her plans to sell the pretzels at the Olympics.

Question 20

The United States Supreme Court rules that a California law prohibiting blue-eyed people from marrying each other violates the US Constitution. Ten other states have similar laws. The result of the Supreme Court decision will be to

Select one:

a. Nothing if the losing party appeals to a higher court.

b. invalidate (eliminate) the laws in California and in the ten other states.

c. invalidate the law only as it applies to the Plaintiff in the case.

d. invalidate (eliminate) the law only in California.

Question 21

The Michigan Court of Appeals ruled against Defendant in a product liability lawsuit. The defendant filed an appeal with the Michigan Supreme Court who decided not to hear the case. This...

Select one:

a. means that the Supreme Court's decision is a decision on the merits that has value as a precedent.

b. means the Supreme Court has violated its mandate.

c. means the Supreme Court made a decision on the merits which has no value as precedent.

d. means that the Court of Appeal's decision is the law in Michigan.

Question 22

Kwame files a suit against Christine. Before going to trial, the parties meet to try to resolve their dispute. A third party helps them solve their differences by suggesting possible solutions, which Kwame and Christine may or may not agree to. This is

Select one:

a. mediation.

b. arbitration.

c. negotiation.

d. litigation.

Question 23

Linda and Dena ride to school each day in Dena's new automobile. One cold morning when the car doesn't start. Dena yells in anger, "I'll sell this car to anyone for $500!" Linda drops $500 on Dena's lap. Which of the following is true?

Select one:

a.Linda's acceptance was serious, and she and Dena now have a contract.

b.A reasonable person would find that Dena did not make a serious offer to sell her car.

c.A reasonable person would find that consideration was (the car is worth far more than $500).

d.Dena's offer was serious, and she and Linda now have a contract.

Question 24

Barnaby is a Wayne County Circuit Court Judge.In Duggan v Bing, Barnaby will apply the relevant rule of law to the facts of the case that

Select one:

a. are from nearby states such as Ohio or Illinois.

b. only those involving the same plaintiff and defendant.

c. are as similar as possible.

d. are as different as possible.

Question 25

Moses breaches his contract with Pharaoh to purchase the 500 sheep that he had promised to buy. Pharaoh is able to sell the sheep to Potiphar for a much lower amount. If Pharaoh sues Moses for damages, he will be able to recover

Select one:

a. The difference between Moses' contract price and the amount paid by Potiphar.

b. Moses' contract price.

c. Pharaoh's contract price.

d. The amount depends on whether Moses intentionally breached the contract or breached it accidentally.

Question 26

Wally makes custom furniture. Melinda Gates orders a dining room table for 40 people. Two weeks later, she cancels. Wally

Select one:

a. May stop manufacturing the furniture.

b. Finish manufacturing the furniture and resell the furniture.

c. Both A and B.

d. Sue her husband because he has all the money.

Question 27

Curly wants to buy Moe's car. Which of the following would be an offer?

Select one:

a. I will pay you $500 for that car.

b. I plan to buy that car this afternoon.

c. I think that car is only worth $500.

d. I bet you wouldn't sell that car for $500.

Question 28

Sam Bernstein represents Lori Loughlin who is being sued by a group of UCLA college students for $10 million. Sam negotiates to have the lawsuit dismissed in exchange for Lori paying $5 million. Which of the following is true?

Select one:

a. This settlement discharges the balance of the debt; Lori only owes $5 million.

b. This settlement releases Lori from the remaining $5 million claim; she only pays $5 million.

c. Both A and B are true.

d. Neither A nor B are true. Lori still owes $10 million.

Question 29

Maleficent breaches a contract with Princess Snow. Which of the following remedies can Snow pursue?

Select one:

a. Snow may agree to rescind the contract.

b. Snow may affirm the contract by suing Malificent for damages.

c. Snow may be discharged from her contract obligations.

d. All of these are options available to Snow.

Question 30

Eleanor offers Rita $500 for her $5,000 computer. Rita knowingly and voluntarily agrees to the offer but later sues Eleanor for the remaining $4,500. A court would likely

Select one:

a. Not question the adequacy of the consideration because Rita had freedom to contract.

b. Not question the adequacy of the consideration if the reasonable person determines the computer is only worth $500.

c. Set aside the agreement because the consideration was inadequate.

d. Set aside the agreement as oppressively unfair.

Question 31

Mona hires Ernie's Excavation to dig a hole for $5000. When Ernie begins digging,he discovers excessive rock in the ground that nobody was aware of. He tells Mona it will cost an extra $2,500 for the excavation work and she agrees, but later she refuses to pay any more than the original $5,000 contract price. If Ernie sues, the most likely result would be

Select one:

a. Ernie wins because a promise is a promise and courts enforce all promises.

b. Ernie winsbecause the contract modification was due to unforeseen difficulties.

c. Ernie wins because Mona was not acting in good faith.

d. Mona wins because Ernie had a preexisting duty to dig the hole.

Question 32

Angelina hires Brad to babysit. They do not discuss price. At the end of the night, Brad demands $500 which Angelina refuses to pay. Which of the following is true?

Select one:

a. Brad will get the $500 because he is free to set the price of his services.

b. Angelina will pay Brad what she thinks his services are worth.

c. The Reasonable Person will decide how much Angelina should pay Brad.

d. Brad will receive nothing because he failed to discuss his price before he provided babysitting services.

Question 33

The City of Dearborn hires Leslie Knope to serve as the City's Parks & Recreation Director for three years. The contract specifies an amount to be paid if the contract is breached. This is a liquidated damages clause if the amount is

Select one:

a. A reasonable estimate of the loss on a breach.

b. Intended to quickly provide cash to the non-breaching party.

c. Meant to punish Leslie if she quits within the three years.

d. Designed to punish the City if they fire Leslie within the three years.

Question 34

Hugo Chavez has a contract to purchase oil from the Maduro Oil Company, but then hears rumors that Maduro's oil is contaminated. He calls Maduro to "get the truth" but Maduro doesn't answer. Under Article 2 of the UCC, Chavez

Select one:

a. Must keep calling until Maduro answers, even if it takes three weeks.

b. May seek assurance & suspend his performance if he doesn't receive it.

c. May hire a private detective to test the oil.

d. Do nothing.

Question 35

Nour's cell phone company sent her a large bill that she disagrees with. Nour can offer an Accord and Satisfaction because

Select one:

a.The debt is liquidated.

b. The reasonable person would agree with her.

c. She cannot settle the debt until after the company files a Complaint.

d. The debt is unliquidated.

Question 36

Fresh Produce, a small produce store in Detroit, purchases ten cases of oranges from an organic orange farm in Alaska. When the oranges are delivered, they are all moldy. Under Article 2 of the UCC, Fresh Produce

Select one:

a. must sue the orange farmer for breaking his promise that the oranges would be fresh.

b. must accept the oranges because they were shipped and paid for.

c. may allow the seller to cure by delivering a new shipment of oranges within 6 months.

d. may revoke acceptance within a reasonable time.

Question 37

On June 1, Storage Wars, Inc. agrees to sell four storage pods to Overstock, Inc. A week later, Overstock refuses delivery and cancels the contract. Under Article 2 of the UCC, Storage Wars should

Select one:

a.resell the pods and sue Overstock for the difference between the contract price and the resale price.

b.force Overstock to accept the pods.

c.destroy the pods because that will show Overstock whose boss.

d.Allow the pods to decay in their warehouse.

Question 38

Bonnie enters into a contract with Clyde in which Clyde will sell "time-shares" to tourists for a 25% commission. In fact, there are no "time-shares." After Clyde sells 50 of the fake "times-shares," he demands payment from Bonnie who refuses to pay him. Clyde can

Select one:

a. sue Bonnie to enforce the agreement.

b. Sue Bonnie for damages under the theory of promissory estoppel.

c. Sue Bonnie for damages under the theory of quantum meruit.

d. Do nothing because the contract is illegal.

Question 39

Ghessler Construction enters into a contract to build an office for Tibet Imports. When Ghessler runs into the types of difficulties that contractors ordinarily confront,Tibet agrees to pay extra compensation to over-come them. Regarding Tibet's agreement to pay more, a court would likely

Select one:

a. Enforce it.

b. Reform it.

c. Not enforce it.

d. Order the parties to arbitrate.

Question 40

Jefferson hires Hamilton to build a house. Jefferson specifies he wants red pipes but Hamilton installs blue pipes. Other than the color, there is no difference between the red and blue pipes in either quality or price. Still, Jefferson refuses to pay. Which of the following is true?

Select one:

a. A court will order Jefferson to pay the full price because Hamilton substantially performed the contract, there is no difference in price, and the cost of replacement would be too high.

b. A court will find that Jefferson does not have to pay because Hamilton materially breached the contract.

c. A court will order Hamilton to replace the pipes because he materially breached the contract.

d. A court will require Hamilton to replace the pipes even though they are substantially the same and the cost of replacement would be very high.

Question 41

Avis Trucking Company enter into a contract to sell ten SuperSuperBig Trucks. Under Article 2 of the UCC's Perfect Tender Rule, Avis must ship or tender goods that

Select one:

a. conform to the contract description in every way.

b. approximately conform to the contract description.

c. entirely conform to the contract description except in one or two details.

d. substantially conform to the contract description in most details.

Question 42

Putin from Georgia purchases premium cigars from Castro's Smoke House in Miami. The sales contract says delivery is Miami. Under Article 2 of the UCC, this is a

Select one:

a. a letter of credit.

b. a destination contract.

c. a shipment contract.

d. a carrier contract.

Question 43

When offered an elephant for his new circus act, Conway the Clown says, "I accept but only if you send a written contract." Which of the following is true?

Select one:

a. Conway has accepted the offer unconditionally.

b. Conway has accepted the offer but made an additional request.

c. Conway's acceptance is the mirror image of the offer.

d. Conway has rejected the offer and made a counter-offer.

Question 44

Willy Wonka purchases 200 lbs. of chocolate at $10 per pound from Chocolicious, Inc. Because of a shortage of coco beans, Chocolicious delivers only 190 lbs. to Willy. Willy

Select one:

a. Must pay for 190 lbs. of chocolate.

b. May refuse to pay for the chocolate.

c. Can sue for breach of contract.

d. Must pay for 200 lbs. of chocolate.

Question 45

MicroCorp hires Nick to work for one month at a weekly salary of $400. A MicroCorp representative orally agrees two weeks later to double Nick's salary. This agreement is

Select one:

a. enforceable because the terms are not sufficiently definite.

b. unenforceable because an employment contract is an adhesion contract.

c. unenforceable because Nick has incurred no additional detriment in exchange for MicroCorp's promise.

d. enforceable because the parties have executed an assignment.

Question 46

When Annie Appellant files her appeal, she must explain

Select one:

a. how the court of appeals should fire the trial judge for being prejudiced against Annie.

b. how the trial court refused to consider facts from Annie's friend about what she overheard Annie say to her brother.

c. how the trial court made an error of fact.

d. how the trial court made an error of law.

Question 47

Bloomberg agrees to sell Christey a set of textbooks for $300.00. Later, Bloomberg calls Christey and demands another $50 for the books. Christey agrees to pay the extra money but later refuses to pay. If Bloomberg sues

Select one:

a.He will lose because past consideration is no consideration.

b.He will win because Christey agreed to pay the $10

c.He will lose because of the pre-existing duty rule.

d.He will win because Christy had freedom to contract

Question 48

Officer Crumky testified at a trial about a traffic accident he attended. One reason he testified was to to answer questions about his police report. Office Crumky is

Select one:

a. an expert witness.

b. a friend of the court.

c. a lay witness.

d. not a witness because everything he says is hearsay.

Question 49

Leo enters into a contract with Koney Construction to repair the damage on the roof of his restaurant. Koney does not fix the damage but sends Leo an invoice. Leo

Select one:

a. Owes Koney $5,000 because the work wasn't finished.

b. Owes Koney nothing because the work was never done.

c. owes Koney the $10,000 contract price.

d. Owes Koney a refund of $10,000.

Question 50

Moderately-Happy PizzaCompany promises its employees a 10% raise at the end of the year if profits increase and management feels the raise is warranted.Moderately-Happy

Select one:

a. does need to give the raise if, at any time during the year, management felt like it.

b. does need to give the raise if profits increases even by 1/10 of a percent.

c. does not need to give the raise because the promise to do so was illusory.

d. does not need to give the raise because everyone knows the pizza is lousy and profits will never increase.

Question 51

In Jill's Complaint against Antonio she alleged that he ran a red light. Which of the following is true?

Select one:

a. The color of the traffic light at the time of the accident is irrelevant. The only thing that matters is that Antonio damaged Jill's car, not whether Antonio or Jill ran the red light.

b. Jill's allegations about the color of the light at the time of the accident cannot be disputed.

c. The color of the traffic light at the time of the accident will be decided by Antonio's attorney.

d. The color of the traffic light at the time of the accident will be decided by the jury.

Question 52

Fatima and Padme sign a written contract which contains ambiguous language. If a dispute arises as to the meaning of the contract, the reasonable person will

Select one:

a.Consider extrinsic evidence to interpret the ambiguous language.

b.Send Fatima and Padme to binding arbitration

c.Consider only the plain language, even though the language is ambiguous.

d.Consider either Fatima's or Padme's interpretation of the contract, but not both.

Question 53

Sasha purchases a leather sofa from Meijers, but they accidentally deliver a sofa made of fabric. Sasha decides she likes the fabric sofa better. Under Article 2 of the UCC

Select one:

a. she may keep the sofa for 10 years before revoking acceptance.

b. she can keep the sofa and recover the difference between the cost of a leather sofa & a fabric sofa.

c. she must sue Meijer for consequential damages.

d. she must reject the nonconforming goods.

Question 54

Merchant Mart tenders delivery of 4 kitchen chairs to Esmeralda. Under Article 2 of the UCC, this means

Select one:

a. Esmeralda tried to return the chairs despite Merchant Mart's 'no refund' policy.

b. Merchat Mart accepted payment for the chairs.

c. Merchant Mart delivered the chairs to Esmeralda's home.

d. Merchant Mart made the goods available for Esmeralda to pick up from the store.

Question 55

Magda sues the State of Michigan for violating her U.S. constitutional right to practice her religion. The trial will be in which court?

Select one:

a. No court. Citizens are not allowed to sue their government.

b. Federal Court because it involves an interpretation of federal law.

c. State Court because she is suing the State of Michigan.

d. Ohio because that is a neutral third-party state.

Question 56

The Court of Appeals finds that the trial court in Roderic's lawsuit did not make any errors. Which of the following is true?

Select one:

a. The Court of Appeals will affirm the trial court's decision.

b. The Court of Appeal's decision has no impact on the case because they are only looking at questions of law.

c. The Court of Appeals will require a remand.

d.The Court of Appeals will reverse the trial court's decision.

Question 57

Tom Izzo purchases 500 basketballs from Sports Emporium, delivery on June 1. On May 15, Izzo received 500 baseballs. Under Article 2 of the UCC, which of the following is true?

Select one:

a. Sports Emporium breached the contract and is liable for damages.

b. Sports Emporium breached the contract only if Izzo rejects the baseballs.

c. Sports Emporium may cure any time before June 1.

d. Sports Emporium may cure any time, even after June 1.

Question 58

Muriel hires College Painters to paint her house. When they finish, Muriel notices a few unpainted spots and refuses to pay. If College Painters sue

Select one:

a. They will win because they substantially performed the contract.

b. They will win if the court finds that Muriel is mentally disabled.

c. They will lose because Muriel was not satisfied with their work.

d. They will lose because they materially breached the contract.

Question 59

Mafia Bank issues a letter of credit in favor of Darwin's Depot, a U.S. firm, to facilitate an international sales contract to buy crafts from Zambinia, a remote island country off the coast of Brazil. Mafia Bank must

Select one:

a. verify that the crafts arrived unbroken.

b. make sure each party performs it's obligations under the contract.

c. make payment when Zambinia presents the proper documents.

d. verify with Zambinia that they shipped the crafts.

Question 60

Walter enters into a contract with CVS to purchase 25 boxes of antihistamine for his science project. Two days before delivery, CVS informs Walter that it is unable to supply the drugs. Walter should

Select one:

a. Mitigate his damages by purchasing the drugs elsewhere.

b. Wait until he loses his job then sue for damages.

c. Give all his students As for the semester.

d. Mitigate his damages by manufacturing the drugs himself.

Question 61

In Chen's suit against Allybabba, Inc. Chen wants to introduce evidence that he claims is relevant. Relevant evidence is

Select one:

a. proves or disproves a fact.

b. is extremely narrow so as not to prejudice the jury.

c. liberal and broad.

d. proves or disproves a law.

Question 62

Wilhelm enters into a valid contract to pay his 18-year-old daughter $1500 a month while she attends college. Instead, she joins the Army. Based on the Plain Meaning Rule,

Select one:

a.The contract is void because the daughter lacks contractual capacity.

b.Wilhelm would be required to pay the $1500 a month.

c.The Reasonable Person will consider extrinsic evidence to decide if Wilhelm should pay the 1500 a month.

d.Wilhelm would not be required to pay the $1500 a month.

Question 63

Godzilla offers to purchase all of the bananas that Farmer Budd grows. This is

Select one:

a. Not allowed because there is no consideration supporting the offer.

b. An option contract.

c. A requirement contract.

d. An output contract.

Question 64

Ali promises to sell his Rolex watch to Youseff for $4500. To make this a contract, the law requires

Select one:

a.Offer, acceptance, and an agreement of the exact dollar amount to be exchanged.

b.Offer, acceptance, and a written agreement.

c.Offer, acceptance, and a hand-shake.

d.Offer, acceptance, and consideration.

Question 65

Mr. and Mrs. Cheaps do not have an express contract with the gas company. Nonetheless, they use gas to heat their home. If the gas company sues

Select one:

a. They will have to pay because they knowingly received a benefit.

b. They will not have to pay because they did not have an express contract with the gas company.

c. They will not have to pay because they did not communicate acceptance of the gas company's offer.

d. They will have to pay unless Mr. Cheaps is an employee of the gas company.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Morality And The Law

Authors: Roslyn Muraskin, Matthew Muraskin

1st Edition

013916958X, 9780139169588

More Books

Students also viewed these Law questions

Question

=+19 What do business angels bring to a firm?

Answered: 1 week ago

Question

How do you want me to help you?

Answered: 1 week ago