QUESTION 22

Kirk Hammett and Robert Trujillo enter into and execute a contract. In the contract, Robertagreed to sell his limited edition motorcycle to Kirk for $100,000. A short while after executing the contract, both Kirk and Robert seek torescind it. In order torescind the contract

	a.	the parties can keep the "benefits" of their bargain.
	b.	Robert must return the $100,000 and Kirk must return the motorcycle.
	c.	Robert must return the $100,000 only.
	d.	Kirk must return the motorcycle only.

2 points

QUESTION 23

KyrieIrvingbuys a used/refurbishedApple 11 Pro smartphonefor $400, he also buys a surface pro tablet for $1,800, and he also signs a one-year work agreement for a six thousand dollar monthly salary to begin in two months. The Statute of Frauds covers

	a.	the employment contract and the surface pro purchase only.
	b.	the employment contract,the surface pro, andthe Apple 11 Pro.
	c.	the employment contract only.
	d.	the surface pro and Apple 11propurchases only.

2 points

QUESTION 24

Peetee'sPie Companycontracts with Washington Apples to buy 65 pounds of Apples. The contract must be in writing if the total cost for the Apples is

	a.	$450.
	b.	$525.
	c.	$250.
	d.	$100.

2 points

QUESTION 25

Mary Barra and Sheryl Sandbergagree to contract terms. After the contract was signed, both Mary and Sheryl wish todischarge the obligations of theiragreement. They seek to accomplish this by executing a brand new agreement with performance that differs from what they originally contracted for. The most efficient way for them to accomplish thisis via

	a.	a mutual agreement to rescind.
	b.	a novation.
	c.	an accord and satisfaction.
	d.	an alteration of the original contract.

2 points

QUESTION 26

The Walmartcompany wishes to provide employment toHeather Manuela Fernandes. Heather Manuela Fernandes is not currently a citizen of the U.S.. A work visa is most likely to be set aside for a noncitizen if

	a.	there is a shortage of qualified U.S. workers capable of doing the work.
	b.	the noncitizen is a "person with an extraordinary work ethic."
	c.	the noncitizen is of "ethnic similarity to the employer's workforce."
	d.	bringing the worker into this country will adversely affect the labor force.

2 points

QUESTION 27

Samsung contracts with LG to have itdevelop new Artificial Intelligence software. Samsung agrees to pay LG$5,000,000.00 for the software. LG transfers the right to payment under their contract with Samsung to Apple. Apple is

	a.	a delegatee.
	b.	an obligee.
	c.	an assignee.
	d.	an assignor .

2 points

QUESTION 28

Curtis James Jacksonundergoes an involuntary bankruptcy proceeding. An involuntary bankruptcy occurs when

	a.	a debtor is unable to pay his or her debts as they come due.
	b.	a debtor's creditors force the debtor into bankruptcy proceedings.
	c.	a debtor files forms designated for the purpose in a bankruptcy court.
	d.	a debtor's debts exceed the fair market value of his or her assets.

2 points

QUESTION 29

Frost T. Snow works for Tesla and learns that they illegally import certain parts for their vehicles. He reportsTelsa'sactivitiesand is afterwardfired. Mr. Snowthen successfully sues Tesla for retaliatory discharge. With respect to the employment-at-will doctrine, this is

	a.	an example of the doctrine.
	b.	an exception based on tort theory.
	c.	an exception based on public policy.
	d.	an exception based on contract theory.

2 points

QUESTION 30

Benetton agrees via contract to transfer ownership of its assets to Banana Republic. While this contract is still executoryon behalf of both parties, rescission of this contract requires

	a.	a settlement agreement.
	b.	a novation.
	c.	a mutual agreement to rescind.
	d.	an accord and satisfaction.

2 points

QUESTION 31

The Family and Medical Leave Act requires employers to provide eligible employees with family or medical leave for any of the following reasons except

	a.	if the employee is unable to perform the essential functions of his or her job due to a serious health condition.
	b.	to care for a newly placed foster child.
	c.	to care for a newly adopted child.
	d.	to go on an extended family vacation.