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1* Typically contracts must be in a signed writing to be enforced in court for:

Group of answer choices

sale of real property

leases over one year

transfer of an an interest in real property

All of these

2* The purpose behind which kind of license is typically simply to raise money?

Group of answer choices

Medical license

Business license

Law license

Drivers license

3* When there is a trial with a jury, the jury determines disputes over the facts and the judge determines:

Group of answer choices

what the jurors will eat for lunch

the minimum amount of damages to be paid

interpretations of law

the attorney's fees

4* The best known of the various ADR techniques is:

Group of answer choices

arbitration

randomness

document inundation

compromise

5* Usually, ratification of a contract will take place by the principal's acceptance of:

Group of answer choices

the benefit of the transaction

partial satisfaction

responsibility

a handshake

6* An intended third party beneficiary may

Group of answer choices

sue to enforce the terms of a contract

breach the contract

unilaterally alter the terms of a contract without further consideration

unilaterally alter the terms of the contract

7* Small claims court is a method for resolving disputes inexpensively and...

Group of answer choices

using attorneys at no cost to the litigants

only up to a limited dollar amount

with full appeal rights

with widespread publicity

8* Online boilerplate provisions in contracts can:

Group of answer choices

all of these

take away important rights

restrict important rights

grant important rights

9* The legal principle that makes the law predictable is:

Group of answer choices

status quo

jurisprudence

stare decisis

common law

10Depending on what the owners elect, and how many owners there are, an LLC (Limited Liability Company) can be treated as what type of entity for Federal Income Tax purposes?

Group of answer choices

A corporation

Any of these

A sole proprietorship

A partnership

11A statute passed to limit liability of a manufacturer of a product - based on when the item was sold and not when the injury occurred or when acquired by the owner user - is called a statute of:

Group of answer choices

limitations

hardship

mitigation

repose

12Which of the following is true regarding C Corporations?

Group of answer choices

The corporation is a legal entity operate from its owners

The entity has its own federal income tax liability

Stockholders have limited liability

All of these

13If a person, knowingly, refers to an individual as a fan or a sports team that the person knows the individual does not, in fact, support, the individual could successfully sue the person making the false statement for

Group of answer choices

nothing

defamation

disparagement

emotional distress

14Commercial appropriation of a person's name or likeness, without the person's approval is:

Group of answer choices

A tort

A breach of contract

Allowed under the First Amendment of the U.S. Constitution

Legal

15When the statute of limitations expires, the debt becomes:

Group of answer choices

unenforceable in court

available on eBay

doubled

tripled

16* The single largest acquisition most individuals make in their lifetime is a house or other residence and the agreement must be:

Group of answer choices

executed before reaching age 30

affordable

in writing

affirmed by a bank or other lender

17* Any oral statement the parties made prior to the written contract is:

Group of answer choices

unreliable evidence

inadmissible evidence

parol evidence

supplemental evidence

18* Ostensible authority is sometimes called:

Group of answer choices

absolute authority

implied authority

phony authority

awarded authority

19*Which of the following is NOT a California state code?

Group of answer choices

Civil Code

Family code

Vehicle Code

Internal Revenue Code

20To prove the tort of inducing a breach of contract, it must be proved that:

Group of answer choices

the defendant knew a contract existed

a contract existed

defendant intended to have a party breach a contract

All of these

21The best measure of damages is the loss of:

Group of answer choices

product

trust

profit

reputation

22A rejection of an offer to form a contract results in

Group of answer choices

that specific offer being open for acceptance by any other party

an automatic reinstatement of a prior offer

none of these

prohibits the parties from every creating a new contract

23Arbitration will either be agreed to by parties after the fact or...

Group of answer choices

when a dispute winds up in federal court

included in the agreement when the agreement was created

when a dispute arises in a health insurance issue

when the government requires it

24 A regulatory license is designed to protect the public from:

Group of answer choices

being overcharged for services

bad drivers

e-licensing

unqualified or incompetent individuals

25Generally, which of the following crimes are also torts?

Group of answer choices

Assault and battery.

Battery and privilege.

Assault and negligence.

Battery and negligence.

26Unless otherwise agreed, secret profits or gifts that an agent acquires as a result of an agency can be:

Group of answer choices

recovered by the principal

tendered on eBay

kept by the agent

held in escrow

27The appellate court's primary function is to review the trial court's decision for:

Group of answer choices

errors in fact

monetary damages

errors in grammar

errors in law

28If the object of a contract is unlawful, the contract is:

Group of answer choices

void, as it is unlawful.

enforceable as long as the consideration by both parties is of approximately equal value

best kept a secret

legal, if it is sanctioned by the court

29When a considerable number of people are affected, a nuisance is considered:

Group of answer choices

private

public

legal

profitable

30Product liability suits are primarily governed by:

Group of answer choices

manufacturers' associations

none of these

federal laws

state laws

31If NOT agreed otherwise, delivery of goods must be made:

Group of answer choices

within a reasonable time

eventually

within a year

immediately

32 Which of the following is NOT a classification of crimes?

Group of answer choices

Violations

Felonies

Misdemeanors

Infractions

33An acceptance of an offer is normally effective once it has been:

Group of answer choices

notarized

dispatched

paid for in full

it is met with a counter offer

34The discovery process in a civil law suit typically occurs:

Group of answer choices

Before a trial is conducted

After an appeal is requested

Before a complaint is filed

After the trial verdict is announced

35Generally, promises that are based only upon the promisor's feeling of a moral obligation or duty are:

Group of answer choices

made by suckers

enforceable

posted on Facebook

unenforceable

36Inserting an unconscionable provision in a contract is:

Group of answer choices

a standard procedure

unlawful

enforceable if part of an adhesion contract

a deceptive practice

37Traditional and online contracts are formed by

Group of answer choices

none of these

offer and acceptance

compulsion and duty

reasonableness and value

38hich of the following may be an effective defense to a claim of product liability?

Group of answer choices

Non ownership

Customer misuse

Agency

Unfair trade

39In California, a raffle is NOT legal if it is conducted by an organization that is:

Group of answer choices

owned by more than one individual

tax exempt

private

public and for profit

40A person's use of deadly force is typically NOT a valid defense to an accused crime if the deadly force was used to:

Group of answer choices

Prevent deadly force in a person's home

Protect property

Prevent deadly force from being used against another

Prevent deadly force from being used against the person

41When financial loss occurs to a business product of a businessperson and not his or her reputation, it is considered:

Group of answer choices

disparagement

tough competition

an E-commerce infraction

good business practice

42To be defamation, a statement must be:

Group of answer choices

untrue.

made in a commercial publication (like a newspaper).

true.

made in court.

43The lender usually has the right to collect the principal, but is NOT allowed to collect the interest if the loan is:

Group of answer choices

required as part of the consideration of a contract

for consumer purposes

usurious

for commercial purposes

44A small and closely held corporation may elect to become an S corporations to:

Group of answer choices

avoid having to hold board of directors meetings

avoid a corporate income tax liability

limit the authority of the Department of Corporations

increase the number of income tax deductions

45Punitive damages are:

Group of answer choices

are designed to punish

All of these

are rarely, if ever, awarded for a breach of cotract

sometimes referred to as exemplary damages