Question 6

A sign in a restaurant which reads: "Please pay when served," indictates that the buyer's payment is:

Question 6 options:

	a) a condition precedent to the receipt of the food.
	b) a condition subsequent to the receipt of the food.
	c) a condition concurrent to the receipt of the food.
	d) none of the above.

Question 7

A provision that states that one party to a contract shall not be required to perform until a particular event occurs is called a/an:

Question 7 options:

	a) escape clause.
	b) condition precedent.
	c) implied term.
	d) condition subsequent.

Question 8

Most contracts are discharged by:

Question 8 options:

	a) performance.
	b) frustration of purpose.
	c) operation of law.
	d) impracticability.
	e) impossibility.

Question 9

Alex entered into a valid contract with Office Pro, an office supply company to buy "the three oak desks in the store window of the Office Pro store in Springfield for $1000." Just days after completing the contract, the Springfield Office Pro store burnt to the ground in an accidental fire. Office Pro has three absolutely identical desks in its Smithville store and it intends to deliver those desks to Alex. Alex, however, decided he did not want the desks any longer. What is the likely result?

Question 9 options:

	a) Alex will be required to take delivery of the desks from the Smithville store since they are absolutely identical to the desks he promised to buy.
	b) Alex will not be required to take the desks from the Smithville store since his obligation to buy the desks was discharged by impossibility of performance.
	c) Alex will be required to take the desks from the Smithville store since the fire was an accident and not Office Pro's fault.
	d) Alex will not be required to take the desks from the Smithville store because his obligation to buy the desks was discharged by commercial impracticability.

Question 10

Written contracts which are intended to be both the "final and complete expression" of the terms of the parties' agreement are known as:

Question 10 options:

	a) partially integrated agreements.
	b) completely integrated agreements.
	c) non-integrated agreements.
	d) finalized agreements.
	e) merger agreements.