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Question 2 Which of the following would be examples of contracts in which the remedy of specic performance could be successfully sought by a party?

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Question 2 Which of the following would be examples of contracts in which the remedy of specic performance could be successfully sought by a party? O B. A seller breach a contract to sell a piece of land 0 C. A seller breaches a contract to sell the one remaining Babe Ruth 1918 Baseball lCard valued by rare card collectors at one million dollars O A. B, and C are correct answers. Q A. A seller breaches a contract to sell a Picasso painting 0 A and B are correct answers. Question 3 Which of the following is not a requirement for the application of promissory estoppel? O Promisor has reason to know the promisee will change his/her position in reliance on the promise. O An injustice would occur if the promise is not enforced O A bargained for exchange of legal consideration between promisor and promise occurs O Promisee changes his/her position in detrimental reliance on the promise O None are requirements for application of promissory estoppel.Question 5 Which of the following are true statements concerning contractual consideration? O A. consideration can take the form of a promise O C. consideration can take the form of refraining from doing an act. O B. consideration can take the form of doing an act O A. B. and C are all true statements concerning consideration Question 6 Which of the following constitutes a mutual mistake of a material fact? O Martha selling Graham an old vase for $20. both of them unaware that it is a valuable antique collectible O Martha and Graham agreeing on the sale of a house. both referring to different houses O Graham buying a house from Martha without asking her details of damages O Martha selling her house to Graham and hides the fact that its rst floor is damaged Question 7 Offeror Dawn makes Offeree Patrick an offer to enter a UNILATERAL CONTRACT. Offeree Patrick would accept Dawn's offer by making a promise to Dawn. O True

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