QUESTION 1

1. Which of the following modified contracts falls within the statute of frauds?

	a.	A contract for the sale of 800 widgets at $1.00 each is modified to 400 widgets at $1.00 each.
	b.	A contract for the sale of 400 widgets at $1.00 each is modified to 800 widgets at $1.00 each
	c.	A contract for the sale of 40 widgets at $1.00 each is modified to 400 widgets at $1.00 each.
	d.	A contract for employment for 13 months at $400 per month is modified to 8 months at $550 per month.

QUESTION 2

1. Nominal damages are awarded

	a.	whenever specific performance is unavailable.
	b.	whenever a liquidated damage clause is invalid.
	c.	whenever a plaintiff can not show monetary loss as a result of a breach of contract.
	d.	All of the above.

QUESTION 3

1. The situation where one party notifies the other of her intention to breach a contract prior to her date of performance is known as

	a.	recission and restitution
	b.	immediate repudiation
	c.	material breach
	d.	anticipatory repudiation