Exam 9: Introduction to Contracts

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Steven intentionally makes a material misrepresentation of fact regarding his motorcycle to Thelma who agrees to buy the motorcycle based upon the misrepresentation.This contract is:

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Ann makes a material misrepresentation of fact to Brian,and based upon the misrepresentation,Brian enters into a contract.Ann now thinks that the contract is not fair to her.This contract is voidable at Ann's option.

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Abe is involved in an automobile accident and is injured.While he is unconscious,the police call an ambulance which takes him to a hospital.Abe is treated at the hospital and released a day later.The hospital sends him a bill for $2,400,which Abe refuses to pay,claiming it is too high and he never consented to the treatment because he was unconscious.Abe:

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Malaki has a contract to purchase a new smartphone.The law governing this contract is Article 2 of the UCC.

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An implied in fact contract is formed by conduct.

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The difference between an express contract and an implied in fact contract is the manner in which assent is manifested.

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A contract for the sale of a copyright is governed by Article 2 of the Uniform Commercial Code.

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Which of the following is not generally required in order to have a valid contract?

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Which of the following is characteristic of contract law during the twentieth century compared with contract law in the nineteenth century?

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Article 2 of the Uniform Commercial Code does not apply to the sale of services.

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Alice makes a material misrepresentation of fact to Lila,and based upon the misrepresentation,Lila enters into a contract.Lila now realizes she was deceived and wants to get out of the contract.This contract is voidable at Lila's option.

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A contract to sell five acres of land is governed by Article 2 of the UCC.

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Quasi contract is another name for a contract that is implied in fact.

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Amendments to Article 2 of the UCC were promulgated in 2003 to reflect developments in the law and business practices and to accommodate electronic commerce.

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During the twentieth century it became harder to enter into a contract as well as to get out of one.

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All written contracts are considered to be formal contracts.

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Distinguish between: (a)express and implied contracts; (b)executed and executory contracts;and (c)bilateral and unilateral contracts.

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A promise against public policy:

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Ron says to Matt,"If you design and landscape my front lawn by the time I return from Paris next month,I will pay you $5,000." Matt does not respond but has the landscaping done by the time Ron returns.This is an example of a unilateral contract.

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Which of the following contracts is covered by Article 2 of the Uniform Commercial Code?

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