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Question 6 As a general rule, ________________________ are not awarded in contract law. Question 6 options: a) nominal damages. b) consequential damages. c) direct damages.
Question 6
As a general rule, ________________________ are not awarded in contract law. |
Question 6 options:
a) nominal damages. | ||
b) consequential damages.
| ||
c) direct damages. | ||
d) punitive damages. |
Question 7
An anti-modification clause: |
Question 7 options:
a) prevents the terms of a contract from being changed by repeated waivers of breaches. | |
b) prevents evidence of prior or contemporaneous agreements which conflict or add to the terms of a written contract. | |
c) specifies the amount of damages in the event of a contractual breach and states that such damages cannot be modified or changed. | |
d) is necessary in a writing to satisfy the statute of frauds. |
Question 8
Roger entered into a valid contract with Lisa to have his whole house painted for$4,000. After Lisa painted half of Roger's house, Roger informed Lisa that he couldnot pay her for her services. Lisa told Roger that they had a valid contract and thatshe was going to hold up her half of the deal and paint the whole house. Lisa paintedthe entire house and submitted a bill for $4,000 to Roger. Lisa is entitled to: |
Question 8 options:
a)$4000, the value of the contract, less any expenses that Lisa could have avoided incurring after Roger told her he would not honor their agreement. | |
b) $4,000 (the amount Roger promised to pay in the contract). | |
c) the reasonable value of painting the entire house on a quasi-contract basis. | |
d) nothing because she didn't accept Roger's rescission. |
Question 9
A contract remedy which seeks to satisfy a party'sreliance interestis intended to: |
Question 9 options:
a) put the party in the position (s)he would have been in had the contract beenperformed as promised (i.e., give him the value of the difference between theperformance promised and the performance actually received). | |
b) put the party in the position (s)he would have been in had the contract not beenformed (i.e., reimburse him for any expenses incurred in performing orpreparing to perform the contract). | |
c) give back to the party anything of value that (s)he has bestowed upon thebreacher. | |
d) put the breacher in the position (s)he would have been in had (s)he had not breached the contract. |
Question 10
Which of the following statements isnottrue? |
Question 10 options:
a) A person cannot recover damages for a breach of contract unless s/he can prove them with reasonable certainty. | |
b) A person cannot recover damages which they could have avoided by making a reasonable attempt to mitigate their losses. | |
c) A person cannot recover damages unless such losses were reasonably forseeable to a person in the position of the breaching party. | |
d) A person cannot recover both direct and consequential damages unless the contract was breached in bad faith. |
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